Farmers’ average income grew 1.3-1.7x between FY18 and FY22: SBI study

As per the SBI study, the average income of farmers between FY 2017-18 and 2021-22, has been increased in bracket of 1.3 -1.7 times across India.

Income from allied and non-farm: 1.4-1.8 times(growth).

Some crops like soybean in Maharashtra and cotton in Karnataka, incomes have in fact doubled during the same time. The study is based on primary data, contains granular data of various crops from agri-intensive branches and analyses the change in income of farmers.