Free trade and competition in agriculture: India’s economic reforms, part II
A dismantling of controls that chain India’s farmers seems to have begun, as seen in the reforms of the archaic mandi system. Moves are afoot to encourage investment in warehousing and electronic platforms. But much more is needed to empower farmers and make them the decision makers in the agri chain. The second part of our agriculture special.
Call it the second chapter of India’s economic reforms. After reforming industries in the first phase – it’s still an unfinished agenda – policymakers in the country have finally turned their eye on the agricultural economy. A gamut of measures promises to unleash the animal spirits of rural India, which houses about 70% of the country’s population.
Some Features are not available in your region.
You have limited access to archive
You are currently on the quarterly membership plan which gives you access to 3 months of archives.This story is older than 3 months.
Insight-rich stories you won’t find elsewhere by the finest team of business writers
Get improved reading experience by saving and downloading* stories
A great reading experience across all your devices
Get relevant stories by choosing categories of your interest
Insight-rich storytelling you won't find elsewhere by the finest team of business writers
Experience EconomicTimes.com with minimal ads
Access 1200+ stories from our archives
trial period + Free Cancellation within trial period
Please note: By subscribing with Google you will be billed in your local currency.
the right direction. Strengthening institutions too is necessary so that individual farmers can exercise their choice regarding economic activities . Agri reforms were a long overdue, and the government must ensure it maintains the current momentum. A lot more needs to be done to lift millions of farmers out of despair. ( Graphics by Abdul Shafiq)
Call it the second chapter of India’s economic reforms. After reforming industries in the first phase – it’s still an unfinished agenda – policymakers in the country have finally turned their eye on the agricultural economy. A gamut of measures promises to unleash the animal spirits of rural India, which houses about 70% of the country’s population.
Insight-rich storytelling you won't find elsewhere by the finest team of business writers
Great conversations among an elite community of opinion leaders
A great reading experience across all your devices
Exclusive access to members-only events
the right direction. Strengthening institutions too is necessary so that individual farmers can exercise their choice regarding economic activities . Agri reforms were a long overdue, and the government must ensure it maintains the current momentum. A lot more needs to be done to lift millions of farmers out of despair. ( Graphics by Abdul Shafiq)
The latest from ET Prime is now on Telegram. To subscribe to our Telegram newsletter click here.
Subscribe to ET Prime
Insight-rich storytelling you won't find elsewhere by the finest team of business writers
Experience EconomicTimes.com with minimal ads
Access 1200+ stories from our archives
trial period + Free Cancellation within trial period
Please note: By subscribing with Google you will be billed in your local currency.
Gift this story
YOU CAN GIFT 0 MORE STORIES THIS MONTH
Maximum 10 Email IDs allowed
300 characters remaining
Gift Sent Successfully
Limit Reached
You’ve gifted all the 0 articles from your monthly gift bucket!
Please come back next month.
0 more articles will be waiting for you in your gift bucket.
While the world is reeling from the pandemic, Infosys has largely remained unscathed. For the fifth quarter in a row, it has managed to beat TCS in terms of revenue growth. Amid the crisis, the company has won 15 large deals, including a USD1.5 billion contract with Vanguard, which saw the stock price touch a five-year high.
Liquor stores question the need to add one more layer to the distribution ecosystem when they can do home delivery themselves. Even in developed countries, the demand for alcohol via online channels is low. Will doorstep delivery of liquor by aggregators have enough takers in India?
Encouraged by the passenger traffic in June, the aviation industry was expecting further growth in July. But passenger traffic has fallen in the month so far. Besides derailing all the sanguine projections, the numbers have also put to rest several theories floated over the past few weeks. And this could lead to an airfare war in the months ahead.
The Etprime.com privacy and cookie policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website.
You can see our privacy policy & our cookie list below. We use cookies to ensure the best experience for you on our website.
If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET Prime.
Subscribe to ET Prime
Insight-rich storytelling you won't find elsewhere by the finest team of business writers
Experience EconomicTimes.com with minimal ads
Access 1200+ stories from our archives
trial period + Free Cancellation within trial period
Please note: By subscribing with Google you will be billed in your local currency.
Getty Images
CONTRIBUTORS WHO HAVE COMMENTED ON THIS STORY
test
test
test
test
test
test
test
test
test
test
test
test
test
test