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