Why Bharat won’t lift a troubled economy9 min read 03 Aug 2020, 08:57 PM IST
Many theories have been floated about a farm economy-fuelled revival. Here’s why those hopes are unrealistic
Indicators like tractor sales or increased govt procurement of foodgrains affect only a small slice of the agri economy. It would be misplaced to read these as signs of a rural revival
One of the theories that emerged quickly after the pandemic began to spread was that the agricultural economy would save the day for the Indian economy. In a year in which the wider economy is expected to contract, agriculture is expected to continue to grow. Some early data—such as the jump in tractor sales and robust motorcycle sales—gave wings to what was at best a very weak theory.
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