Assure farmers of minimum procurement: Economists tell Modi govt

Ask government to tap rising financial savings

Economists have suggested that the Narendra Modi government give a legal guarantee on minimum quantity of procurement to farmers and put in place an institution to regulate contract farming to end their agitation against three agricultural laws.
 

In a pre-Budget interaction with Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and officials of the PMO, finance ministry and NITI Aayog, economists also stressed on tapping the financial savings, which have risen these times of subdued demand by coming out with long-term papers.
 

Economists said the government should put a quantity clause in the laws to break the impasse with agitating