Page 43 - #letter to son

#SangamNiti DAYLIGHT
There are about 216 million small and marginal farmers and such a
scheme represents a robust solution in supporting farmers. Apart from
this, ensuring fair market prices for farm produce should also be a top
priority among the decision-makers.

While the jury is still out on possible ways to reduce farm distress, one
thing is clear – solutions will need to be conceived and implemented
with urgency. This can be gauged from the numbers. India’s farm sector
growth between 2014-15 and 2017-18 averaged just 2.55 per cent,
substantively lower than the average 3.80 per cent growth in the decade
between 2004-05 and 2014-15.

#SangamNiti: We must embrace the time-tested-and-trusted principles
of money management that seek to nurture and promote a healthy
and well-balanced financial lifestyle. High indebtedness can break a
community and hence robust policy strictures as well as strong personal
financial habits are key to happy societies.

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