Loan waivers not direct solution to farmers' woes, they need more e-mandis

The median annual wage of a farmer in India is around $290, which is barely two months' minimum wage in Mumbai

For India, the case of rising income inequalities deserve special attention. New World Wealth, a Johannesburg-based company, published a report where it claimed  that India is the second-most unequal country in the world, with millionaires controlling 54% of the wealth. In Japan, the most equal country in the world, millionaires control only 22% of national wealth.

A reason for the rise in income inequality has to do with large dependence on the low productive agriculture sector: more than 55% of the Indian population still earns their livelihood from agriculture. For example, in potato farming, the productivity of an Indian farmer is