Wednesday, August 16, 2017

M.S. Swaminathan on Indian farming

Why can’t the government provide a higher income for farmers? M.S. Swaminathan
"The government is willing to pay Seventh Pay Commission salaries to insulate government servants from inflation, but they cannot provide a higher income for farmers to improve their lot? If you really look at what is happening now, farm loan waivers are posing a bigger burden on the government exchequer compared to what higher pay for farm produce will incur. But the government is not prepared to give the ₹20,000 crore or so for farmers by way of higher MSP. In 2009, the UPA government gave ₹72,000 crore as farm loan waiver, but no government is prepared to take long-term steps to ensure the economic viability of farming."
"Unfortunately, all policies today are related to corporate powers."

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