Your Question
Can i do farming in India?
I am a 30 years old married male citizen of India, and also an engineer.I have a dream of becoming a farmer. I don't have any parental property, but i have accumulated cash around Rs. 2,50,000/- from my present earnings.
I went to nearby rural areas and asked prices for land and was stucked! And that too, the land that was being cultivated.
But when i calculated the earnings from the crop being cultivated, it was not even 10% of the interest that i am reqd. to pay for the capital cost to the bank.
My queries are:
1. Why farmers in india are doing agriculture when the value output for their land is not even 10% of the interest they'll get if they'll sell the land at market cost?
2. If our farmers start thinking like this, who'll do farming in India?
3. Is there any possibility for a middle class person like myself to venture into farming? And if yes, will it be profitable?
4. Why land prices are exploding all over india?
5. Why government is not controlling hike in land prices?
6. Is it true that most of the land dealings made today is by Politicians and government officials and bureaucrats?
Can i do farming in India?
I am a 30 years old married male citizen of India, and also an engineer.I have a dream of becoming a farmer. I don't have any parental property, but i have accumulated cash around Rs. 2,50,000/- from my present earnings.
I went to nearby rural areas and asked prices for land and was stucked! And that too, the land that was being cultivated.
But when i calculated the earnings from the crop being cultivated, it was not even 10% of the interest that i am reqd. to pay for the capital cost to the bank.
My queries are:
1. Why farmers in india are doing agriculture when the value output for their land is not even 10% of the interest they'll get if they'll sell the land at market cost?
2. If our farmers start thinking like this, who'll do farming in India?
3. Is there any possibility for a middle class person like myself to venture into farming? And if yes, will it be profitable?
4. Why land prices are exploding all over india?
5. Why government is not controlling hike in land prices?
6. Is it true that most of the land dealings made today is by Politicians and government officials and bureaucrats?