In India big farmers rent their land to big corporations and sit back relax and collect rent dollars. Many have become millionaire overnight by doing this. Go

In India big farmers rent their land to big corporations and sit back relax and collect rent dollars. Many have become millionaire overnight by doing this. Government started taxing farmers for this reason. Untill recently, all farm income was tax free. The case in point being that MNCs are producing the kind of output, no farmer here ever could dream of producing. And the con? All they need is a huge piece of land. Very little labor if any is used in this. Most small farms are not profitable as overhead of bringing machine or labor to small farm is just too high. I know a few farmers who sold their few hectares land in Punjab and brought several thousands of hectare land in Australia. So you can how inflated the price of farm land is in India. Now after making enough money in Australia, they are buying back their ancestral lands and this is sending the price of farm land in Punjab through the roof.