Agriculture in FY21 budget: Paying farmers keeps them poor
The finance minister, in her FY21 budget speech, announced a 16-point agenda to kickstart growth in agriculture and farmers’ income. While the agenda makes sense, following the money presents a disconcerting prospect. Less than 10% of the Rs 2.2 lakh crore budgeted for agriculture will support capit...
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| Formato: | Opinion Piece |
| Lenguaje: | Inglés |
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Indian Express Group
2020
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| Acceso en línea: | https://hdl.handle.net/10568/143270 |
| Sumario: | The finance minister, in her FY21 budget speech, announced a 16-point agenda to kickstart growth in agriculture and farmers’ income. While the agenda makes sense, following the money presents a disconcerting prospect. Less than 10% of the Rs 2.2 lakh crore budgeted for agriculture will support capital formation or R&D. Economies can’t grow without investment and innovation. This budget provides money for neither. |
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