India’s farm sector is booming on paper, yet rural prosperity remains elusive. While gross value added has surged, incomes have barely budged, exposing a deep structural fault in India’s economic fabric.Despite strong production figures, the value of output and credit growth have slowed over the past decade, widening the gap between economic statistics and lived reality. As ruralisation accelerates, the countryside is trapped in low productivity and stagnating wages, raising urgent questions about policy direction.
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