India is agriculture based country and gets quite its amount in GDP from agriculture sector. Agriculture in India has started ten thousand years ago and ranks second in world’s agricultural produce and are the largest fresh fruit producer. Subsidies are main form upon which Indian farmers depend for their farming needs either in the form of fertiliser subsidies, loans or seeds distribution. Whatever may be the form of subsidy, it forms one of the important components of Indian farming.
Arguments towards agricultural subsidies
Subsidy for agriculture in India should be provided at any cost as farming is the ancient and one of the major contributors for our GDP; it directly and indirectly offers employment and contributes the human capital for catering the agricultural needs. Government at present is offering Minimum Support Prices (MSP) for few products and providing importing facilities by arranging proper warehousing and packaging facilities. Apart from these seeds are distributed for subsidized rates which are created using high farming technology. Subsidies in many forms through the supporting hand extended by government through schemes meant for seeds distribution, marketing facilities, farming techniques, new technology implementation and training methods, credit assurance, machinery, plant protecting, disaster management assured yearly crops to feed the every growing population. In view of its capacity to nurture a populated country, there is nothing wrong in paying heavy subsidies for agricultural development in India.
Arguments against to Agricultural subsidies
Agricultural subsidies in India supplement the farmers with all required elements for a handful crop. But the subsidies that are paid heavily from the public money is misused by few corrupted politicians and bureaucrats. The middlemen also enjoy the share in diverting the money or by misguiding the farmers through a sketch to deceive to get the produce at the lower levels than the MSP’s announced by the government. Apart from these fodder scams, fertilizer scams, and other diversion of funds meant for the agricultural development has been directed to into the hands of fraud people or stagnated by not distributing the farmers for later usage of self benefits by agricultural officers. Enough support if extended also farmers being attracted to urban attractions have no time for farming and are losing the crop, but making other ways of income generation which is a blow of Indian agricultural produce and also to the GDP, which decreases the employment opportunities that leads to migration to cities leaving the villages empty that hugely effects on the total farming output of India. The support extended by research institutes on crop has been adding high grain yielding crops for availing which farmers failed due to lack of interest and resist the change to implement new procedures and technologies through proper ugradation of farming machinery with the every help of government. The scanty situation which Indian agriculture sector is facing should be controlled through proper guidance and then the subsidies should be planned in such a way that really poor farmers will get subsidies; but not the rich farmers.