Monday, April 11, 2011

Prices and costs cuts by that polity lines

Agricultural scientist M S Swaminathan told in his interview with BS soon after the budget and the appointment of new chairman if CACP:

The new chairman of Commission for Agriculture Costs and Prices Ashok Gulati is a non-bureaucrat too. But his views contradict yours. He favours markets driving farmers’ incomes, while you say farmers should be given a 50 per cent profit and cost of production as a minimum support price.

Gulati’s appointment is as grave an error of judgement on the part of the government as the appointment of the CVC. It does not bode well for agriculture and, more so, for farmers. The pro-US interests have the upper hand in the government and the pity is that they don’t understand the human aspect of agriculture.

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