Tirtha Chatterjee is research associate at ICRIER.
In the absence of patience and vision, the loan waiver remains the most favoured response to farm distress
Instead of fiddling with procurement prices, government must devise an income policy for farmers.
Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices.
A robust futures market helps China’s farmers get better prices for their produce. India must begin by allowing prospecting only for non-sensitive commodities.
The futures market is one way to ensure that farmers’ planting and selling decisions are forward-looking. It can help smoothen the boom and bust problem in agri prices.