Is Modi's New Scheme #FarmersFirst Enough To Ensure Prosperity For Farmers?

In one of his rallies back in 2014, when Narendra Modi was just a Prime Ministerial candidate, he emphasized on the fact that if the National Democratic Alliance (NDA) come to power, it would ensure the Minimum Support Price of crops including a 50% profit for the farmers.

Also, at a recent function, he highlighted the fact that the agriculture sector of India needs to go through an Evergreen Revolution so as to achieve sustainable agricultural production. In what has been an area of great concern for the current governmental regime where the agriculture sector of India has seen many highs and lows at the same time, PM Modi recently tweeted about certain schemes for farmers under the #FarmersFirst to address the grievances faced by Indian farmers in recent times. Not to forget, it becomes the responsibility of any government to ensure maximum financial security and profit to farmers as they form the backbone of the economic chain. 

What Is Farmers First?

In a recent development, PM Modi took to Twitter to address about the benefits that the farmers would be getting as a part of the government's scheme to ensure prosperity to the farming community. The benefits of the project include waiving off loans, boosting production of crops, Minimum Support Price (MSP), opening bank accounts and introducing soil health cards. The scheme comes as a backdrop of Modi's Vision 2050 which he released in 2015 ahead of the Bihar polls which target to combine technology and agriculture to ensure a quantum jump in agricultural productivity.

(Image Courtesy: Twitter)

Why Farmers First Now? 

It is not hard to understand why the BJP government has come up with this idea now despite having promised about the same two years ago. With the recent fiasco of farmers from Tamil Nadu going on an indefinite hunger strike and farmers from others parts of the country deciding to go on a first of its kind protest, the unrest in the farming community is on an alarming surge. The government has to come up with appropriate incentives for them just so that they don’t feel neglected, which they have for a very long time now.

(Image Courtesy: Reuters)

Now whether or not this move by our PM would be enough to suffice for the agony amongst our agriculture sector’s peer men or not, only time will tell. But, what remains of utmost importance is the fact that an economy cannot survive without its agriculture sector in place and the government is at the helm of making the right decisions for it.

(Feature Image Courtesy: narendramodi.in)