{"id":33869,"date":"2018-10-30T14:46:36","date_gmt":"2018-10-30T09:16:36","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=33869"},"modified":"2018-10-30T14:46:36","modified_gmt":"2018-10-30T09:16:36","slug":"farm-policies-for-india","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/farm-policies-for-india\/","title":{"rendered":"Farm policies for India"},"content":{"rendered":"<p><a href=\"http:\/\/indianexpress.com\/article\/opinion\/columns\/farm-policies-for-indian-agriculture-sector-pm-narendra-modi-4946854\/\"><span style=\"font-weight: 400;\">Farm policies for India<\/span><\/a><span style=\"font-weight: 400;\">(Indian Express)<\/span><\/p>\n<p><b>Context<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Farmers from across the country are out on Delhi\u2019s streets agitating just as the discussions for the 2018 budget are beginning.<\/span><\/li>\n<\/ul>\n<p><b>Government policies designed<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The \u201cone-size-fits-all\u201d policy created for the farm sector is self-destructive in design and programmes meant to double farmer incomes are collapsing.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Pradhan Mantri Fasal Bima Yojna (PMFBY) is a classic case where the best intentions of the prime minister were cluttered in the policy\u2019s fine-print.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The PMFBY was designed to provide <\/span><b>crop insurance<\/b><span style=\"font-weight: 400;\"> and the Central government shares part of the premium subject to conditions.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">To receive the Central government\u2019s share, the state will have to follow the central government&#8217;s guidelines.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Simply allowing each state to design its own crop insurance scheme and yet receiving the Central government share of the premium would yield the desired results.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">An incentive of Rs 75 lakh per mandi is given by the Centre to the states for linking each market with E-NAM, the electronic platform for trading commodities.<\/span><\/li>\n<\/ul>\n<p><b>What are the recommendations?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rather than forcing E-NAM on states, incentivizing each state to have the electronic platform which meets the basic criteria of interoperability with other states would have been the correct path.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Central government shouldn\u2019t negotiate international trade treaties on agriculture commodities without the consent of the state governments.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">To compensate these annual losses, states should demand that the Centre set a floor price for all such farm produce, where only the Central government shells out the shortfall between the market price and floor price via a \u201c<\/span><b>Price Deficiency Payment<\/b><span style=\"font-weight: 400;\">\u201d.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">To prepare Indian farmers for global integration, funding for programmes such as the Rashtriya Krishi Vigyan and the sub-mission on agriculture mechanization should be doubled and the funding ratio should be changed from 60:40 to 80:20, where the Central government\u2019s contribution rises to 80 per cent.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The fault of banks has been established by the RBI through an in-house study conducted by the Financial Inclusion and Development Department with a verdict that there were no way the loans could have been repaid.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A class action lawsuit for the complete waiver of all such farm loans should be constituted.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">For farmers to prosper, hundreds of changes are required but, more importantly, a devaluation of the Indian rupee is essential.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Even how funds devolve to the states in a federal structure has to be looked at afresh by the 15th Finance Commission.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Each state needs to be nudged and funded to create a data bank and adopt a block-chain process for government decision-making.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Farm policies for India(Indian Express) Context Farmers from across the country are out on Delhi\u2019s streets agitating just as the discussions for the 2018 budget are beginning. Government policies designed The \u201cone-size-fits-all\u201d policy created for the farm sector is self-destructive in design and programmes meant to double farmer incomes are collapsing. The Pradhan Mantri Fasal&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/farm-policies-for-india\/\">Continue reading <span class=\"screen-reader-text\">Farm policies for India<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-33869","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704889857},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/33869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=33869"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/33869\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=33869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=33869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=33869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}