Business

'Farmers rue over drop in income'

PNS

Amid the demonetisation move by the Government, an alarming trend has also been on the rise with Indian farmers involved with cash corps in last 20 years of which a maximum part was ruled by UPA are likely opt out field due to the decline of their income. A study conducted by Public Response Against Helplessness and Action for Redressal , a Delhi-based NGO said about 70.8 % farmers feel that their income has been decreasing while 59% farmers say that the drop in income has been the sharpest during the last 5 to 10 years. As per a World Bank survey, the employment from the farm sector has reduced to 50% in 2013 from the erstwhile level of 60% in 1993.