The lack of supportive prices and the consequent slowdown in farm earnings seems to have upset the land-owning class the most. Instead, farmers in states such as Madhya Pradesh and Maharashtra are out on the streets protesting, and in some cases, facing bullets from the local police. Even in case of food grains, where minimum support prices (MSPs) offer a floor price, the government has kept prices on a tight leash. The lack of supportive prices and the consequent slowdown in farm earnings seems to have upset the land-owning class the most. With bleak job prospects outside agriculture, and low returns from farming, the land-owning class appears to be getting restive.
Source: Mint June 13, 2017 04:33 UTC