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Budget package on agriculture not enough

FM has also left largely unattended the long-overdue fertiliser subsidy reforms

Many measures in the Union Budget for 2016-17 that put in place an elaborate package for agriculture and farmers' welfare are on the right lines. However, Finance Minister Arun Jaitley seems to have missed the opportunity to also simultaneously roll out certain much-needed reforms in areas like agricultural credit, farm subsidies and technology transfer. The underlying theme of the agricultural package - to enhance farmers' income - is sensible, given the steady erosion of profitability of farming and the consequent widespread rural distress. The measures mooted for this purpose range ...