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Agriculture & Agribusiness
Concept #504

The Doubling Farmers' Income Target

The ambitious 2022 promise that became a genuine benchmark for judging every subsequent agricultural policy

Agriculture & Agribusiness·intermediate·1 min read·Updated July 2026
Double real farm income by 2022
Original target

Imagine a government setting an explicit, quantified promise, doubling farmers' real income within a defined timeframe, a genuinely bold commitment that immediately became the benchmark every subsequent agricultural scheme, MSP hikes, PM-KISAN, crop insurance, all covered elsewhere on this site, would be measured against, whether or not it was originally designed with that specific target in mind. The Doubling Farmers' Income, DFI, target, announced with a 2022 deadline, became exactly this kind of unifying, if genuinely difficult to achieve, policy benchmark.

The government-appointed DFI Committee identified several specific pathways toward this goal, improving crop productivity, reducing production costs, ensuring better price realisation through market reforms, and diversifying toward higher-value activities, livestock, horticulture, fisheries, all covered elsewhere on this site, rather than assuming foodgrain price increases alone could plausibly double farm income within the timeframe.

Whether the target was actually achieved by 2022 remains genuinely disputed, official assessments and independent economic analyses have reached different conclusions depending on methodology, what counts as 'real' income growth, which income sources are included, and which baseline year is used for comparison, a genuine measurement challenge for a target this ambitious and broad-based.

Regardless of whether the specific 2022 deadline was met, the DFI framework's real, lasting impact has been reshaping how policymakers evaluate agricultural schemes, increasingly asking not just whether a scheme increases production or exports, but whether it genuinely improves farmer income and livelihood, exactly the kind of outcome-focused lens that has shaped the design of PMMSY, PM-KUSUM and other targeted schemes covered elsewhere on this site launched in the years since the DFI target was first announced.

Doubling Farmers IncomeFarm Income PolicyDFI Committee