Debt relief helps only a small fragment of farming community in a very limited and temporary way.
The agrarian distress has aggravated in the last few years as evinced from several recent demonstrations in various parts of the country. The plight of farmers marching hundreds of kilometres in poor conditions point out to the fact that there has been no meaningful improvement in quality of life of our large populace (around 60%), dependent on agriculture and allied activities, in the past 70 years.
The reaction to this crisis at times is a knee jerk one, such as waiver of agricultural loans, as seen in a few states recently. Its limitations are many. There is a large number of those engaged as agricultural labourers and sharecroppers who a…
Read the full article at: https://www.businesstoday.in/opinion/columns/beyond-debt-relief-what-next-for-farmers/story/303988.html