New Delhi: There are no quick fixes for farmers' distress and the government should focus on structural issues instead of resorting to short-term policy measures like farm loan waiver schemes, says an UBS report.
Despite a bumper crop in the rabi season, farmers in many states are in distress because of sharp fall in prices in both domestic and global market.
Farmers in various parts of the country have been agitating, seeking higher support prices for their produce as well as waiver of loans. Uttar Pradesh, Punjab, Maharashtra and Karnataka have already announced loan waiver schemes. Read more
Despite a bumper crop in the rabi season, farmers in many states are in distress because of sharp fall in prices in both domestic and global market.
Farmers in various parts of the country have been agitating, seeking higher support prices for their produce as well as waiver of loans. Uttar Pradesh, Punjab, Maharashtra and Karnataka have already announced loan waiver schemes. Read more