Rice to cotton, rising costs have made farming less profitable

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.

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. from Times of India https://ift.tt/pA9xWXY