17 JUN,2019 | MEDC
The PM has announced the setting up of a high-powered committee on structural reforms in the agricultural sector. This is a welcome move as, with pervasive infrastructural bottlenecks in the hinterland as well as a drought situation all over the country, agriculture is currently highly stressed. Gross value added in the farm sector declined by 0.1% in the fourth quarter of FY19, against growth of 2.8% in the previous quarter and 6.5% a year ago. Under the circumstances, the idea of more crop per drop and more robust irrigation facilities in rural areas has to be made a reality. Structural reforms are needed in the farm sector to boost private investment, strengthen logistical chains, and provide market support to farmers. All of this is doable and it is heartening to know that it is becoming a genuine government priority.
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