Stalled farm reforms could still be given another push
SummaryCash transfers and a price stabilization fund could give farmers a safety net for a broad market shift
With Uttar Pradesh under the Bharatiya Janata Party’s belt, fans of Prime Minister Narendra Modi, among them reputed economists, sound exultant, imagining the coast is clear for a serious dose of economic reforms. This is something of a routine after every electoral win since the big one in 2014. The question they are asking this time is: Will the stalled reforms for India’s farm economy get another push?