Mar 26, 2013 – There is much work to be done before farm subsidies can be lowered

Contrary to the popular belief that farmers are a pampered lot in India, they comprise about 50 per cent of the workforce and yet account for less than 14 per cent of GDP. The gains from 20 years of liberalisation have eluded them and the old inequalities remain. Successive governments have introduced policies that treat only the effects of such deep-rooted problems, not the problems themselves.