Proper policies can only increase income of farmers: Panagariya

Hyderabad: Pitching for the need to formulate rational policies to assure farmers of better prices for their produce NITI Aayog Vice Chairman Arvind Panagaria on Saturday clarified that their income will not be taxed.

“We must have policies in place that would give better prices to farmers. And this is where the NITI Aayog, in collaboration with the state governments and on behalf of the Centre, tries to accomplish (the task of proper) marketing of agricultural produce,” he said.

Speaking at an event organised by the Swarna Bharat Trust in the city, he said that doubling farm income by 2022 is the commitment of Prime Minister Modi.  Bringing in reforms on the technology front and pricing in this direction is one of the priorities of the government he said.

When asked about recent remarks made by a NITI Aayog member about taxing farm income, he clarified that there is no such a measure in the offing as a majority rural population is dependent on agriculture for subsistence.

“If you look at the poverty in India, 80 percent of the poor, however you measure it living in rural areas are largely dependent on farming. Thus how can we tax farmers?” he asked

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