Farmers want earnings at par with Punjab, Modi govt wants to bring it down to Bihar average: Rahul Gandhi (2024)

FAQs

Why farmers of Bihar are poor? ›

Poor physical and economic infrastructure

Like private investment, public investment in agriculture in Bihar and UP has remained inadequate. Per hectare capital expenditure in agriculture in Bihar is less than one-fourth of that of Punjab and less than half the national average (Guruswamy & Kaul, 2003).

Farmer Salaries in India

The average salary for Farmer is ₹4,29,750 per month in the India.

Punjab, Haryana, and Kerala have the highest average monthly income among farming households in the country - ₹26,701, ₹22,841 and ₹17,915, respectively.

Which state farmers are rich in India, and why? The richest farmers in India are in the states of Meghalaya, Punjab, and Haryana.

Agricultural income is not taxable under Section 10 (1) of the Income Tax Act since it is not included in a person's total income. However, if agricultural revenue surpasses Rs. 5,000 per year, the state government may levy a tax on it.

Agricultural income is exempted from tax under the Income-tax Act, 1961. It is important to note that income from allied agricultural activities like poultry farming, wool rearing, etc. are not considered as agricultural income. Hence, tax may be levied on incomes from such activities.

$27,000 is the 25th percentile. Salaries below this are outliers. $88,000 is the 90th percentile.

The wheat and paddy are the major crops in the state. To feed the increasing population of the country, it is very essential to increase the production of these crops.

Returns from basmati and paddy were the highest profitable while; rapeseed and mustard (R&M) and potato are the least profitable crops. Also, the profitability of different crops in different zones shows that wheat, paddy, basmati, and R&M were at the highest level than the two other zones.

Punjab has fertilie lands, which is suitable for cultivating wheat as well as rice. Punjabis can be found all over the World. They have ensured that the lands are not fragmented, and hence, they were successfully able to adopt mechanised farming.

Who is the richest farmer in the world? ›

Qin Yinglin (Chinese: 秦英林; pinyin: Qín Yīnglín, born 1965) is a Chinese agriculture tycoon, billionaire, Communist Party member, and the world's richest farmer. He is the chair and president of the pig farming company Muyuan Foodstuff and is one of the richest people in China. According to Bloomberg Billionaires Index, ...

In a recent update from Forbes, Mukesh Ambani, Chairman of Reliance Industries, has secured the top spot as the wealthiest individual in both Asia and India.

B Soundararajan and GB Sundararajan are two of India's richest poultry farmers. The brothers started their poultry business in 1984 with a modest investment of Rs 5000. Their first poultry farm was in Udumalaipettai, about 72 km from Coimbatore.

Some of the major problems of Bihar's agriculture are: Low productivity: Bihar has relatively low agricultural productivity compared to other Indian states due to a combination of factors, including poor soil fertility, inadequate irrigation facilities, and outdated farming practices.

The state has a long legacy of caste-based discrimination and violence, which has hindered its social and economic progress. The lack of infrastructure and development in rural areas, where a large proportion of the population lives, has also contributed to the state's poverty.

Although the large majority of Bihar's farmers are small and marginal, the synergic impact of the state's fertile soil, abundant fresh water and availability of adequate labor force creates greater potential for earning higher income through intensive agriculture.

Farmers historically protested against the farming of indigo due to the exploitative practices of colonial powers, particularly during the British colonial period in India.