Denemek ALTIN - Özgür

From parched fields to prosperity

Financial Express Chandigarh

|

January 05, 2026

FARMER PROSPERITY CAN BE REAL IF INNOVATION IS SCALED WITH COLLABORATION BETWEEN ALL STAKEHOLDERS

- ASHOK GULATI ISHITA MANDLA

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.

Financial Express Chandigarh'den DAHA FAZLA HİKAYE

Financial Express Chandigarh

Apple tops 2025 smartphone mkt

GLOBAL SMARTPHONE SHIPMENTS rose 2% year- on-year in 2025, lifted by stronger demand and eco- nomic momentum in emerging markets, Counter- point Research said on Mon- day. Apple led the market with a 20% share, the largest among the top five brands, supported by solid demand in emerging and mid-sized markets and strong sales of the iPhone 17 series, said Counterpoint analyst Varun Mishra.

time to read

1 min

January 13, 2026

Financial Express Chandigarh

Dollar drops most in three weeks

THE DOLLAR DECLINED the most in almost three weeks as the Federal Reserve faced grand jury subpoenas from the Justice Department, reviving concerns over political interference in monetary policy.

time to read

1 min

January 13, 2026

Financial Express Chandigarh

PSLV mission fails again, second since May 2025

MISSION WAS CARRYING 1 EARTH OBSERVATION SATELLITE, 14 PAYLOADS

time to read

2 mins

January 13, 2026

Financial Express Chandigarh

Trump weighing very strong options in Iran

IRAN SAID ON Monday it is keeping communications open with the US as President Donald Trump weighed responses to a deadly crackdown on nationwide protests, which pose one of the stiffest challenges to clerical rule since the 1979 Islamic Revolution.

time to read

1 min

January 13, 2026

Financial Express Chandigarh

After AGR relief, ARPU growth is Vi's top priority

Analysts flag ₹340 target as spectrum payments kick in

time to read

2 mins

January 13, 2026

Financial Express Chandigarh

Deutsche's India biz gets Kotak, Federal bids

DEUTSCHE BANK'S INDIA retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank and Federal Bank, according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market.

time to read

1 min

January 13, 2026

Financial Express Chandigarh

PLI push planned for small aircraft manufacturing

· Announcement likely in Budget for FY27

time to read

2 mins

January 13, 2026

Financial Express Chandigarh

Direct tax receipts increase 9% to ₹18.4 lakh cr on slower refunds

THE DIRECT TAX collection after refunds till January 11 of the current financial year recorded a growth of 8.82% on-year, compared with a budgeted growth target of 13.2% over FY25 actuals.

time to read

1 min

January 13, 2026

Financial Express Chandigarh

Anup Saha joins Kotak Bank as whole time director

KOTAK MAHINDRA BANK on Monday announced that Bajaj Finance's former MD Anup Kumar Saha will oversee its consumer banking vertical.

time to read

1 min

January 13, 2026

Financial Express Chandigarh

UK investigates X over Grok deepfake concerns

UK REGULATORS HAVE opened a probe into Elon Musk's X as backlash mounts worldwide over the thousands of sexually suggestive images generated by the artificial intelligence tool Grok on the social media platform.

time to read

1 min

January 13, 2026

Listen

Translate

Share

-
+

Change font size