Blind mistrust of corporates is dangerous. There are only two options for investments, Governments and the private sector. If governments have not delivered, it has to be the private sector.
It is rather inane to say that Mandis would shut down because of privatization as the Indian Government is duty bound to provide foodgrains to the very poor through the PDS in the foreseeable future.
While the ruling party has accused the Congress, SAD and AAP of both promising and supporting changes in APMC earlier and now walking back on their word, these parties in turn accuse the BJP of the same hypocrisy of opposing farm law reform during Congress rule.
Contrary to mischievous media reports that “All Indian Farmers are up in arms”, it would be more accurate to say that “Rich Punjabi farmers, middlemen and loansharks are up in arms” against agricultural reform.
Because farmers are short sighted, they fail to understand their best welfare is to notice economic trends in the market. They need to move towards less water intensive and more remunerative options like poultry, milk, fruits and vegetables like other agricultural economies.
Part 1 of a 9 part series: Doleouts, subsidies and lack of foresight has meant that Indian agriculture has deteriorated into a logjam of vested interests trying to push forward their interests at any cost, with little regard to the welfare of the poor farmers on the ground or their own future.