Annual income Rs.75,000 possible from an acre of land!
Hi,
Rs.75,000 per acre possible or impossible?
Possible for genius and professional farmers and impossible for those who are incompetent and not update in agriculture industry.
Agriculture is no more a loss making industry in spite of few odds..
Just think...
1.choose high value crop
2.follow latest and hi-tech cultivation practices
3.Locate a right market and right buyer
Things will work in your favour..
1.One acre brinjal yield around 100 MT / acre -gross income Rs.5 lac in 9 months. Less than a year time..this has happened in Tamilnadu since 2004.
2. One acre tomato yielded Rs.2.75 lac in 7 months...
3.one acre watermelon yielded Rs.1.05 lac
like wise Banana, sugarcane, hybrid red lady papaya etc has given extraodinary income from a single acre of land..
Farm Income depends on the individual capacity and knowledge, fartility status of soil, water etc..
Of course some parts of india are in semi arid and dry area where only subsistence farming can be practiced ..no commercial farming is possible...say Akola, vidarbha ...
This discussion holds good when all the factors of production are normal ...
This principle applies not only for agriculture but in every other profession too..
1. Not all students studying in school secure same high marks
2. Not all software engineers working for IT industries are drawing Rs.75,000 per month
There are degree of variation in evry thing every where. As for as agriculture is concerned, if anybody ask " Rs.75,000 farm income per acre is possible"
One should definitely say yes ...if capable..
Others need not say" yes or no.."
Because some one might have tried and incurred loss for want of complete farming knowledge ..for that one should not blame farming itself as a loss making industry..
However I wish all farming enthusiast earn more than Rs.75,000 per acre per year and celebrate the" year 2013 " as a YEAR OF INDIAN FARMERS