Modi shifts income goals for struggling farmers


Important demographic: Workers harvest wheat in Uttar Pradesh. Farmers have been resistant to Modi’s push to increase corporate participation in agriculture. — Bloomberg

MATHURA: Indian Prime Minister Narendra Modi has drawn up new targets to boost farmer incomes as he seeks to secure his legacy of reforming the world’s largest democracy and tries to assuage a key voting bloc disillusioned by his government’s past failures.

Modi, who is eyeing a rare third term in ongoing elections, wants to lift rural per-capita income by 50% by 2030, according to documents reviewed by Reuters.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Agricore targets RM25.9mil from listing
Mah Sing ventures into data centre sector
Animal feed exports rise on weak demand at home
MRCB 1Q24 earnings down to RM3mil
Tycoon’s record divorce bill fuels speculation on stock rally
RHB Bank asset quality set to continue improving
Gas expansion plans may slow energy transition
ANZ puts balance AMMB Holdings stake up for sale
Press Metal to capitalise on green market preferences
Tropicana profit surges nearly 28-fold

Others Also Read