Modi goes into full subsidy mode :Wants us to remain a nation of farmers
At the risk of sounding like a broken record Sabhlok on Modi who seems to have some odd personal vendetta against the PM, in this case he is proven right. For long subsidized crops at fixed prices were the bane of Indian farming which led to stagnation of small farmers and large farmers corruptly colluding with the central government where they will find a ready buyer and thwart competition from foreign markets regardless.U.S pretty much has the same story Farm Subsidies Put India in a Bind (Wall Street Journal story which I wont link for reasons given in comments below) “The market support…encourages farmers to produce much more of the subsidized commodities than they would have otherwise, exacerbating the global glut.” In other words subsidized crops led to over supply which in turn led to low prices and this put a farmer in an uncomfortable quandry. What is the solution, well subsidize them some more of course as per Modi thus perpetuating poverty f...