The agriculture sector in India is the backbone of our economy. More than 55% of our populationdepends on agriculture as our main stay. A relative quantity of farmers in Indian placid depend onrainfall to commencement the agricultural inactivity. During the early days of independence, the primefocus of the agriculture sector in India, was to enhance food security by raising the agricultural output.The Green Revolution was a great strategy introduced by Shri M S Swaminathan, and aimed at thesame. Increase in productivity by the use of better agricultural technology, use of quality seeds,fertilizers, better irrigation mechanisms and the use of agro chemicals aimed at improving theagricultural output. In addition, an incentive structure was introduced like subsidies on farm inputs,remunerative prices of some crops, public investment in agricultural sector. As such, the country wasable to mitigate the crisis of food shortage in the mid 1960s. The 1990s saw a negative trend in termsof a disparity in the incomes of the farmer and the non agricultural worker. The Indian country as wellwitnessed a majority of farmers attempt suicides in the period of 1995 to 2004. because there was asharp retardation in the output of agricultura. (Chand and Parappurathu, 2012). All this resulted inthe younger age groups to leave farming, causing detrimental effect on the future of agriculture in India.Hence, the Government of India, led by Prime Minister Shri Narendra Modi realized the need to payspecial attention to the problems of our farmers. The new name Ministry of Agriculture and farmerwelfare was changed in the year 2015 from of the Ministry of Agriculture. It was recognized that theagricultural income generated by a farmer is vital for addressing issues of agrarian distress (Chand,2016). As such, the Prime Minister Shri Modi set out a goal to double the farmers income by 2022–2023 and also to focus on farmer’s welfare, reduce agrarian distress and to reduce the disparitybetween the income earned by the farmers and the income of the people working in non agriculturaloccupations. The present paper aims to analyse the pros and cons of these policies and its impact onthe Indian agricultural sector.
