Handholding domestic industries to develop domestic capacities should be a part of India’s economic strategy, not the entirety of it.
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While rural India is poorer than its urban counterpart, in the COVID-19 crisis, it is the urban poor who are far more vulnerable with less social and government support.
Farm health in times of corona: Govt must ensure the agri supply-chain remains uninterrupted
The evolving situation around Covid-19 is becoming critical. Governments have already announced guidelines for citizens to keep themselves safe. Packages have also been declared to safeguard interests of various sectors.
The finance minister, in her FY21 budget speech, announced a 16-point agenda to kickstart growth in agriculture and farmers’ income. While the agenda makes sense, following the money presents a disconcerting prospect.
Unless the government builds in right incentives for its agriculture action plan, things will not work. As has been the case with e-NAM and banana trains.
The idea of doubling farmers’ incomes by 2022, when the country completes 75 years of its independence, was shared by prime minister Narendra Modi at a kisan rally in Bareilly (Uttar Pradesh) in February 2016.