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LATEST NEWS UPDATES | What to expect in 2018 from the farm sector: prices could hold key to several political fortunes -Harish Damodaran & Parthasarathi Biswas

What to expect in 2018 from the farm sector: prices could hold key to several political fortunes -Harish Damodaran & Parthasarathi Biswas

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published Published on Jan 5, 2018   modified Modified on Jan 5, 2018
-The Indian Express

Agricultural prices crashed in April-June, just when a bumper rabi crop had been harvested after two years of drought, and despite demonetisation.

2017 was agriculture’s annus horribilis. The reason wasn’t monsoon failure (as in 2014 and 2015) or unseasonal rain and hail (as in March 2015); the year was, in fact, largely free of extreme weather events, resulting in a record output of wheat, pulses, cotton, potato and a host of other crops.

Yet, farmers vented their anger in protests in Maharashtra, Madhya Pradesh and Rajasthan during June-September, and in the Gujarat Assembly elections that saw the BJP suffer heavy reverses in rural areas. The reason for their discontent was prices.

Agricultural prices crashed in April-June, just when a bumper rabi crop had been harvested after two years of drought, and despite demonetisation. The disappointment from not seeing incomes grow even as production increased, sparked unrest barely three months after the BJP’s landslide victory in the Uttar Pradesh elections. Between that result in March and that of Gujarat in December, the swing in the rural mood was perceptible.

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The Indian Express, 2 January, 2018, http://indianexpress.com/article/explained/farm-prices-could-hold-key-to-several-political-fortunes-5007947/


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