Why Blame The Farmers For Price Rise?


Economics And Politics / Saturday, March 31st, 2018

Farming is considered a patriotic enterprise, and nearly half of India’s labour force is engaged in agriculture and allied activities. Almost everyone believes that in the election season, political parties should pledge to aid this patriotic endeavor to feed the nation.

But, farming is a risky profession, and agricultural products form only 14% of India’s total produce. After the economic reforms, the growth in agricultural GDP has averaged only 3.4%. Even India’s high inflation is said to be caused by such low agricultural productivity. George Bush had once said that India’s greedy middle class that consumes more than it produces is responsible for the rise in food prices across the world. Now, one of the greatest challenges the new government would face is that of controlling inflation. But, are these claims even plausible?

Read Why Blame The Farmers For Price Rise? in DNA

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