triggering private investments in agriculture, raising productivity and incomes, and ultimately reducing rural poverty at an unprecedented pace.
But it had a side effect too! Food inflation in India at double digits for the last five years seems to be taking a political toll. Onion price spike in 2013, which was more of a seasonal than an inbuilt trend, seems to dominate the news, while the fastest increase in per worker agri-GDP, and the fastest accumulation of capital in agriculture, and most dramatic fall in rural poverty during 2004-11, all go unnoticed!! Call it lack of effective communication of policies, programs, and consequent burial of their benefits!
Ashok Gulati & Surbhi Jain
Gulati is chairman and Jain is director of the Commission for
Agricultural Costs and Prices (CACP). Views are personal.