So... it's a payout to landowners?
Indian farmers to get direct cash benefits
11–20 of 37 posts
Re: Indian farmers to get direct cash benefits
#12Wow, that's lots of money. If they're growing wheat, that's 34 bushels worth at $5 per bushel. I don't know what yields are like in India, but in Saskatchewan, Canada 34 bushels per acre of wheat is not a great crop, but it's not a bad one either. In other words, that payment could double a typical Saskatchewan farmer's gross income. And considering that the farmer's expenses are typically 90% of the income, that's a…
Re: Indian farmers to get direct cash benefits
#13So... it's a payout to landowners?
There are some states with somewhat more centralised farms, but the state mentioned by the article is not one. Large scale industrial farming is very rare in India outside of a few select areas.
Re: Indian farmers to get direct cash benefits
#14Re: Indian farmers to get direct cash benefits
#15Re: Indian farmers to get direct cash benefits
#16Quick aside since "lakh" is used in the summary: In Indian numbering, a lakh is 100,000. There is also a crore, which is 10M.
Re: Indian farmers to get direct cash benefits
#17Wow, that's lots of money. If they're growing wheat, that's 34 bushels worth at $5 per bushel. I don't know what yields are like in India, but in Saskatchewan, Canada 34 bushels per acre of wheat is not a great crop, but it's not a bad one either. In other words, that payment could double a typical Saskatchewan farmer's gross income. And considering that the farmer's expenses are typically 90% of the income, that's a…
Re: Indian farmers to get direct cash benefits
#18Re: Indian farmers to get direct cash benefits
#19State governments should reject Modi regime's stimulus package and instead seek autonomy to print local currency https://en.wikipedia.org/wiki/Chiemgauer
Re: Indian farmers to get direct cash benefits
#20Wow, that's lots of money. If they're growing wheat, that's 34 bushels worth at $5 per bushel. I don't know what yields are like in India, but in Saskatchewan, Canada 34 bushels per acre of wheat is not a great crop, but it's not a bad one either. In other words, that payment could double a typical Saskatchewan farmer's gross income. And considering that the farmer's expenses are typically 90% of the income, that's a…
The farmers with 2000 acres are not the ones I'm most worried about