Sunday, November 25, 2018

False political promise and agriculture crises in India.

In this week there was news head line that “Farmers of MP stop repaying loans after Rahul’s waiver promise”. For the politician gain political parties make some false political promise to get the vote in mass. Rural community is a big vote bank in India and most of rural community is employed in agriculture. Honest farmers repay their loan on time, but these types of false promise promote honest farmers to not pay their loan on time. Farmers are highly influenced voter community in India. Greedy politician use farmers to make their political career. Sometime agitation reaches to the level of violence and farmers get killed in riot control measure by Police.

In some states political parties promise for free electricity, free water, assured minimum support prise. These types of lucrative false promises are problematic for coming govt and famers. Agriculture is long term policy driven sector it not a politics driven subject. Policy must integrate all the issues like international market develop, new technology introduction, international business, global trade policies demand and supply of agriculture production. World population is around 7.7 Billion, it is keep increasing. To feed the global population will be a bis production in coming years. It more problematic in the highly populated country like India. 

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Govt take lucrative steps to complete the false promises. Generally, these steps hurt the agriculture business environment. Before Karnataka state election congress promised for full loan waiver. After formation govt farmers stopped paying loan to financial institutes not govt is issuing arrest warrant against the farmers for recovery of loan. In Madhya Pradesh Govt offered the margin money to farmer between MSP and actual market price. This promise leaded to oversupply of agriculture produce to market. As farmers were assured to get their margin from govt, they carried their whole stock in market. Prices of commodities fell below the expectation levels. There was crises in commodity prices in local agriculture market.

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