Hyderabad: Former Indian Prime Minister Lal Bahadur Shastri, in the iconic proclamation of "Jai Jawan! Jai Kisan!" resonated with profound gratitude towards both the valiant soldiers who safeguard our nation's borders from external threats and the dedicated farmers who diligently nourish the land, extinguishing the relentless fires of hunger.
Shastri's sentiment was a poignant reminder of the indispensable role that farmers play in our society. They are not mere tillers of the land; they are the sentinels of our food security. In contemporary times, however, it is disheartening to observe the level of attention and assistance that the agricultural sector receives.
Despite the eloquent recognition of their significance, policymakers seem to have fallen short in understanding that a contented farmer is the bedrock of a prosperous nation. The Union Cabinet in a recent decision has raised the minimum support price for six crucial crops during the 2024-25 Rabi marketing season.
Notable increments include an additional Rs.150 per quintal for wheat. The minimum support prices for key crops have been revised, including a raise of Rs.115 for barley, Rs.105 for chickpeas, Rs.150 for sunflower, Rs.200 for mustard, and a substantial Rs.425 for toor dal, which depend on 15% imports. Nonetheless, the disconcerting reality persists.
The system of minimum support prices remains entrenched in a perennial pattern. A 29-member special committee aimed at strengthening this system has, thus far, failed to bring about substantial change. Critical issues such as underestimating the genuine cost of cultivation, disguising the disparities in expenses between states, neglecting inflation, and ignoring the spikes in fertilizer prices have gone unaddressed.
The Commission for Agricultural Costs and Prices (CACP) appears to have overlooked the escalating costs of seeds and labor, further underscoring the inadequacies of the current approach. Providing only partial financial relief while disregarding the holistic cost structure is but a cruel joke on our farming community.
The YK Alagh Committee had earlier called for a comprehensive overhaul of India's minimum support price system, recognizing the country's heavy dependence on agriculture. Criticism of the price determination method has been echoed by Professor Abhijit Sen's committee. The staggering cost incurred by Indian farmers from 2000 to 2017 due to a systemic failure in calculating fair agricultural prices is estimated at approximately Rs. 45 lakh crores.