This year’s union budget indicates a seismic shift in Indian Government thinking on agriculture, viewing it as not just as a ‘survival’ industry, but as one that generates income and growth. But to take Indian agriculture out of the time warp it is in currently, the government must entice increased engagement from the private sector.
Two weeks after Finance Minister Arun Jaitley announced the Union Budget 2016-2017, it continues to be a hotly discussed topic. This pro-farmer budget has laid down great plans, but in a nation where Mars Missions and farmers suicides occur simultaneously, aspirations will have to take a backseat until the way forward has been paved.
The 2016 Budget could be the last chance for the government to redeem itself and find a way back into the common man’s heart. Too many opportunities have been lost in the past with policy architects focusing on the minutiae; FM Arun Jaitley has the opportunity to make enduring course corrections.