Business Standard

Saturday, December 21, 2024 | 12:27 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Modi needs to resolve the farm agitation or it may hurt India's recovery

Modi's presidential style of working has botched things up, but there's still a way to turn this crisis into an opportunity

Farmer protest, Farm laws
Premium

Farmers sitting at Singhu Border during their protest against Farm law, in New Delhi on Thursday.

Andy Mukherjee | Bloomberg
Farmers’ protests are threatening to snowball into the biggest political crisis of Narendra Modi’s tenure. 

To give in to demands and scrap the laws would be an uncharacteristic admission of defeat for India’s strongman prime minister, who promised they would transform agriculture. But letting the unrest linger could cause chaos in food markets, alienate urban consumers, and potentially derail the post-Covid recovery. 

Nobody doubts that for India to have a shot at exiting its lower-middle-income trap, farming must come out of its sub-3% growth rut. Productivity of labor, land, fertilizer and water have to improve. Massive private investments need to

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in