Industry: Rice to cotton, rising costs have made farming less profitable | India News

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While food prices have been rising over the years, Atul Thakur’s analysis shows farmers’ margins on all major crops have steadily declined.
Around 2010-11, India’s sugarcane farmers earned roughly Rs 2.8 for every rupee they invested in their crop. By 2020-21, they were making only about Rs 2.1 on every rupee. For cotton farmers, profitability has declined even more. They earned about 1.8 on every rupee spent around 2009-10. By 2020-21, it was down to Rs 1.3.
This has happened because agricultural costs have risen faster than farmers’ earnings per hectare. For crops like cotton, the earnings have, in fact, stagnated.

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