Some solutions to tackle the agrarian crisis
There has been a long-standing agricultural crisis in the country. The primary crisis of Indian agriculture appears to be shrinking in size of fields. During 1970-71, where the average area of the fields was 2.28 hectares, it was 1.08 ha. Has remained. Simultaneously, lack of agricultural markets, shortage of supply groups and marketing centers, lack of processing industry and lack of cold storage is not taking the name of ending the problems of the farmers.
The debt-apology announcement being done by the government for the purpose of providing relief to the farmers is being considered as an obstacle in the direction of economic progress. The plan to complete the gap between the minimum support price and the market price is also challenging. In the form of income, the scheme of co-operation (income support scheme) can be considered as relatively successful. Telangana is doing this.
If this scheme of Telangana is implemented in the whole country, its expenditure comes to Rs 2.5 lakh crore. So far, there has been a provision to provide per acre assistance amount in the scheme. If this scheme is limited to small and marginal farmers, then its value can be reduced to 60,000-70,000 crores.
In addition to this scheme, banks should be given the exemption that they can provide an annual renewal facility to those holders of Kisan Credit Card, which are paying interest only. So far, this facility is for those who pay both the original and the interest. Farmers' earnings are only in cash after harvesting. This cash is spent on pesticides and fertilizers, workers' wages, tractor rent, etc. So it is not possible to pay the full loan of the loan taken under Kisan Credit Card till the end of the year. On the other hand, there is a provision for annual review/renewal only on interest paid for small business loans. Then why can not it be done in the field of agriculture?
In the Central Budget of 2018-19, it was announced that the farmer would also seek a suitable route to the farmers, along with the Center, with regard to providing loans to the farmers. This should be implemented.
At present, it is compulsory to register the reputed crop under the rules of the Central Registry of Securitization Asset Reconstruction and Security Interest of India. This increases the hassle of the banks, and the cost of the benefit is increased without any profit. Apart from this, in the case of small and marginal farmers, there is no instance of crop loading. Therefore this process should be abolished. It is better than by making changes in the Prime Minister's Crop Insurance Scheme, all crops should be included in it.
With these measures, farmers can be assured a little relief.
The debt-apology announcement being done by the government for the purpose of providing relief to the farmers is being considered as an obstacle in the direction of economic progress. The plan to complete the gap between the minimum support price and the market price is also challenging. In the form of income, the scheme of co-operation (income support scheme) can be considered as relatively successful. Telangana is doing this.
If this scheme of Telangana is implemented in the whole country, its expenditure comes to Rs 2.5 lakh crore. So far, there has been a provision to provide per acre assistance amount in the scheme. If this scheme is limited to small and marginal farmers, then its value can be reduced to 60,000-70,000 crores.
In addition to this scheme, banks should be given the exemption that they can provide an annual renewal facility to those holders of Kisan Credit Card, which are paying interest only. So far, this facility is for those who pay both the original and the interest. Farmers' earnings are only in cash after harvesting. This cash is spent on pesticides and fertilizers, workers' wages, tractor rent, etc. So it is not possible to pay the full loan of the loan taken under Kisan Credit Card till the end of the year. On the other hand, there is a provision for annual review/renewal only on interest paid for small business loans. Then why can not it be done in the field of agriculture?
In the Central Budget of 2018-19, it was announced that the farmer would also seek a suitable route to the farmers, along with the Center, with regard to providing loans to the farmers. This should be implemented.
At present, it is compulsory to register the reputed crop under the rules of the Central Registry of Securitization Asset Reconstruction and Security Interest of India. This increases the hassle of the banks, and the cost of the benefit is increased without any profit. Apart from this, in the case of small and marginal farmers, there is no instance of crop loading. Therefore this process should be abolished. It is better than by making changes in the Prime Minister's Crop Insurance Scheme, all crops should be included in it.
With these measures, farmers can be assured a little relief.
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