Tuesday, December 23, 2014

How long can we ignore the agricultural sector?

Agriculture continues to be a neglected sector is what the editorial highlights quoting the survey report of the National sample Survey Organization.Why it is so is what the Central Government, State Governments, RBI and NABARD should introspect and come out with a detailed report what went wrong and how the policies went wrong ? NABARD's role need to be reviewed as it does not appear to have played its role effectively as envisaged in the development of agriculture and rural sector.Given an opportunity agriculturists run away from this profession as the income generated from agriculture after undergoing all hassles and suffering is not adequate enough to sustain themselves in these days of high inflation, high input costs, nonavailability of laborers, high interest costs, inadequate and timely credit, inadequate insurance coverage and dependability on the monsoon,etc. All these issues have been under discussion for decades  and resources spent on conducting surveys , meetings seminars, conferences , setting up of institutions like RRBs, strengthening of Cooperatives, nationalization of banks, reorganization of Boards of banks,setting up of NABARD exclusively to develop agriculture have not yielded any worthwhile results only smacks of poor implementation of actions envisaged and lack of commitment and sincerity in solving the problems of farming Community who provide the food and comforts for all to survive and make merry.It is  a sad state of affairs and lot of expectations are there from the new Government under Mr Modi and a lot needs to be done perhaps from the scratch to provide relief to farmers and make agriculture one of the attractive professions and a dependable main pillar of this economy.    

Dr.T.V.Gopalakrishnan

(This comment is given in Business Standard dated 23rd December against the Editorial )

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