distress

Agrarian Distress | Latest Burning Issues | Free PDF Download

Why in news?

  • Agrarian distress in India is increasing in recent times due to various reasons.

 Recent agrarian distress?

  • Farmers’ groups in Mumbai have pressed for loan waivers, price support measures and compensation for drought.
  • Producers of onion, chilies, tomato and garlic have to contend with volatile prices all the time.
  • In Madhya Pradesh, the Bhavantar scheme (price difference payment scheme) does not seem to be working well enough, while e-NAM remains a work in progress.

Issues

  • Agriculture market
  • The surge in input costs
  • Distressed due to loans
  • Lack of awareness
  • Climate change
  • India’s urban consumer driven economic policies
  • Loan waivers instead of restructuring, reinvestment measures

Suicides

Measures needs to be taken

  • Increasing productivity
  • Agriculture Livestock and Marketing (Promotion and Facilitation) Act, 2017, takes marketing reforms a few steps forward.
  • PPPs in creating market yards and storages should be fast-tracked
  • Policies of integrated pest management to prevent pest damage
  • Lower fertilizer costs
  • Precision farming techniques
  • Corporate Social Responsibility
  • Direct interventions

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