To contain food inflation in
particular,the state Governments and Central Government have to ensure
that agricultural Production gets a boost with support of improved
productivity, yield per acre, enhanced area under agricultural
production, proper storage,transportation at cheap rates, marketing and
distribution removing several layers operating there on. NABARD has a
key role and it cannot be acting as a Policy making and Refinancing
institution. It has to be in the field coordinating with state
Governments and various agencies involved in all agricultural and rural
related activities. The Local Boards of RBI can also be more effective
involving themselves in intensifying the activities of all agencies and
guiding them with proper policy inputs. It is high time RBI local boards
and NABARD interact and come out with adequate support to solve the
issues related to agricultural production. APMC ACT Needs to be totally
scrapped and middlemen who indulge in all corrupt practices hiking the
prices of commodities without benefiting either the producer or the
consumer have to be eliminated. A lot can be done but the will is
missing.
Dr.T.V.Gopalakrishnan
( This comment in ET is in response to an article The only way to tackle food inflation is through holistic reform of agriculture ).
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