In 2017-18, farm GDP at constant prices and current prices (which is a proxy and broad estimate of food inflation) was just 1.05 per cent. This could play a big role in the run-up to the Lok Sabha elections because falling farm prices and dropping rural incomes become a major election issue.
The Congress is set to cash in on the superlative performance of the sector during its regime, placing it with low growth during the subsequent NDA years.
In the ongoing Assembly elections in Madhya Pradesh, Chhattisgarh and Rajasthan, agrarian crisis, characterised by low farm prices, is expected to play a big part in determining the fate of the ruling BJP.
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