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Sunday, Oct 17, 2021
Outlook.com

Swagger 'n Stride

It's time to add to the land bank

Swagger  'n Stride
Swagger 'n Stride
outlookindia.com
-0001-11-30T00:00:00+05:53
If there’s one indicator that gives an insight into the rural economy in Punjab and Haryana, it’s the price of agricultural land. In these times of economic downturn, rural land prices here have not only remained stable but have even increased in some areas. Sukhdeep Bajwa, a prosperous farmer of Gurdaspur, says "if anytime I have money to spare, I use it to add to my holding because farming in the last few years has become quite viable". Over the last three years, Bawa has doubled his land holding to 80 acres. It helps that rapid urbanisation has put a premium on farmland on highways and near urban centres.

While the medium and big farmers have reaped the maximum bounty from the agricultural upturn of the last few years, the small farmer is not entirely untouched. "Last year, my brothers and I sold a small chunk of our land near the highway to an industry for Rs 75 lakh," says Tarlok Singh of Pilkhni village in Patiala. For all the swanky cars and new houses, there’s also a common refrain of declining soil fertility and falling...

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