Three farmers explain the economics of agriculture in India—and why new farm laws are brutal ...Middle East

Economy by : (Quartz) -
Thirty-seven-year-old Pradeep Singh offered a meticulous breakdown of the amount of money he spends to grow rice on one acre of his farm in Haryana’s Jhajjar district.He pays Rs4,500 ($60.95) to hire 10 daily wage workers to sow the seed, Rs3,600 to rent a tractor, Rs200 for fertiliser, Rs300 for urea, Rs600 for insecticide, Rs2,800 for pesticide, Rs400 per worker to spray the pesticide and Rs6,000 for 10 workers to harvest the paddy.Finally, it costs him Rs3,500 to rent a tractor trolley to carry the crop to the market, and Rs2,000 for diesel for the journey.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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