Prøve GULL - Gratis
From parched fields to prosperity
Financial Express Bengaluru
|January 05, 2026
FARMER PROSPERITY CAN BE REAL IF INNOVATION IS SCALED WITH COLLABORATION BETWEEN ALL STAKEHOLDERS
VICTOR HUGO ONCE wrote “No power on earth can stop an idea whose time has come.” In contemporary India, in the midst of drought in 2015-16, Prime Minister Narendra Modi floated an idea to double farmers’ real incomes by 2022-23.
He called it his dream as he knew that if peasantry prospers, India will prosper. Even Mahatma Gandhi said that India lives in villages. But today, the economic condition in villages is not very good. They are still lagging behind in basic infrastructure. To the best of our knowledge, no independent study has been undertaken about the outcome of PM Modi’s idea of doubling farmers’ incomes. However, at ICRIER, we have researched on this issue and our conclusion is that the achievement was less than 50%.
Almost at the same time, in a drought-stricken district (Beed) in Maharashtra, someone else—Mayank Gandhi—floated an idea of Krishikul under the Global Vikas Trust (GVT) to augment farmers’ incomes. He and his team of GVT convinced farmers to shift from traditional crops of soyabean and cotton to fruit crops such as papaya, custard apple, sweet lime, guava, pomegranate, mulberry, bananas, etc. The result has been astounding. As per an independent evaluation study by Tata Institute of Social Sciences (TISS) in 2024, the per acre income of farmers increased by more than 10 times, from |38,700 to €3.93 lakh within a short transition period. So far, GVT has planted more than 6.7 crore fruit trees (cumulatively) in about 43,000 acres belonging to roughly 30,000 farm families spread across 5,000 villages. Now the issue is—if this can be done in Maharashtra’s Beed, why it can’t be replicated and scaled up to other districts and states? That’s where the role of the state and central governments comes in.
Denne historien er fra January 05, 2026-utgaven av Financial Express Bengaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
'Vision cars must reflect what finally reaches the road'
As M&M sharpens its premium ambitions and prepares a new wave of products, its Chief Design & Creative Officer Pratap Bose tells Akbar Merchant about how distinct sub-brand identities, production-led 'vision cars' and a growing influence of software and EV-led thinking are shaping the automaker's design strategy for the next decade.
1 mins
January 09, 2026
Financial Express Bengaluru
Grok has changed the risk-reward equation
GIVEN THE INHERENT value of X, advertisers should treat Grok as a high-risk experimental surface, not a default media channel.
1 min
January 09, 2026
Financial Express Bengaluru
Large-caps will offer attractive risk-reward this year
With the valuation gap between large-cap and mid- and small-caps being at a two- decade high, the former have become meaningfully cheaper. George Heber Joseph, Chief Investment Officer and Chief Executive Officer -Equity at ASK Investment Managers tells Ananya Grover that such divergences have created attractive entry points for large- cap investing. Excerpts:
2 mins
January 09, 2026
Financial Express Bengaluru
Bangladesh suspends visa services in India
BANGLADESH'S INTERIM GOVERNMENT on Thursday saidit hasasked its key missions in India,including at New Delhi, to suspend visa services over security concerns.
1 min
January 09, 2026
Financial Express Bengaluru
A closed chapter: UpGrad aborts Unacademy bid
RONNIE SCREWVALA-LED HIGHER education platform upGrad has withdrawn from acquisition discussions with SoftBank backed test-prep company Unacademy after the two sides failed to agree on valuation, bringing months of negotiations to an end.
1 min
January 09, 2026
Financial Express Bengaluru
Sebi alleges BofA unit shared private info
THE SECURITIES AND Exchange Board of India (Sebi) has accused a Bank of America (BofA) entity of violating insider trading rules and breaking internal “Chinese walls” in a 2024 share sale, a notice from the markets regulator showed.
1 min
January 09, 2026
Financial Express Bengaluru
2025 reset cooperation priorities
FfD4, COP30, and the G20 were opportunities for India to show its prowess for multilateral negotiations, while rejuvenating its domestic stance on tax policy
3 mins
January 09, 2026
Financial Express Bengaluru
Sensex down 1.6K pts in four days
THE DROP CAME despite the first advance estimates for FY26 GDP signalling robust growth, supported by a manufacturing rebound and a resilient services sector.
2 mins
January 09, 2026
Financial Express Bengaluru
Airlines set to step up bank borrowing
YEAR OF HIGH PURCHASES
2 mins
January 09, 2026
Financial Express Bengaluru
CCI defends antitrust penalty law in Apple case
A LAW USED to calculate fines on the basis of a company's global turnover will discourage breaches by multinationals, the Competition Commission of India (CCI) told a court in opposing Apple's high-profile challenge to the measure.
1 min
January 09, 2026
Listen
Translate
Change font size
