The agrarian distress has had its effect on the consumption data

The agrarian distress

The rise in onion prices isn’t the only indicator if widening agrarian distress in the country as the severe drought-like conditions in any part of the nation as well as the farmers suicide data have had its point filling in the pothole that a distress looks like, the government policy intervention in the interim budget produced by the then Finance Minister Piyush Goyal highlighted this point and gave a brilliant policy initiative to support farmers income with an annual support of Rs 6000 delivered in three installments or once every four-month of which the first installment was released before the 31st of March 2019, and many thought that this will lead to the money pockets increasing in the rural India who had been the worst-hit part of the economy after the sudden demonetization move and then the application of GST which again ensured that they would be left out of the system as a part of the unorganized sector which isn’t called for the development of this country and isn’t included wholly in the GDP calculations as well.

The agrarian distress isn’t wholly called for by the policy interventions of the government but by the force of nature as more than 60% of our agriculture produce is dependent on rainfall and that being the case the current regime of climate change hasn’t helped our cause but the highlighted point of this discussion is that the government has been sitting idle on the side-lines and watching this show while taking no steps to comfort the distressed sector and now the resultant vector has been hitting the consumption rate very hard as the food prices have become unbearable for the everyday consumer to continue with the same diet and thus in the process, the health of a young demographic will suffer at the hands of zero policy initiative.