1: LOAN WAVER - Govt waved off farmers Loan of approx 72000 Cr in 2008 and then again farmers took loan and now again they are asking for loan waver its becoming a habit now initially UP farmers asked Mr Yogi granted it then Maharastra Farmers asked they waved loan and now farmers from all over India are asking Loan waver and the CM of MP granted Rs 1Cr for some farmers now all the farmers are committing suicide so their families can get Rs 1Cr which they can not earn in whole life is earned by committing suicide.Actually these types of practices should be stopped farmers should be trained and guided such that they dont even require loan for crop production or if required it should be so low that if crops are sold in cheaper price then also farmers are able to pay the loan amount. Loan waving should not become every year practice.
2: MINNIMUM SUPPORT PRICE - Currently the market is so volatile and is captured by traders that all the profit of commodities is gained by them not by farmers at the time of sowing seed the price of seed is double Ex (Urad Price in Jan 2017 was 70 Rs per Kg) and when farmer sowed it invested on its production and protection worked day and night in hot summer after harvesting when he goes to sell it the rate reduces half (Ex: Rs 35 per Kg of Urad in June 2017) now his Investment is not realized so he does not have any thing to do other then suicide because he have to pay the loan if minimum support price of cost plus 20% profit is fixed by govt for all the crops then farmers will be able to earn more then investment and can pay loan so their will be no question of loan waver of suicide it is not going to cost as much as Loan waver only marginal money is going to be invested.
3: IMPLEMENTATION OF ADVANCE AGRICULTURE TECHNIQUE AND MACHINE - Still in INDIA major farming is done through old technique and machines so cost of production is also high and waste in production is also high so farmers need loan for agriculture, their are so many techniques and machines are their with the help of which cost of production can be reduced to 50% but very few farmers are implementing it because farming is done by those who are not able to study so those people do not even think for better Farming. Ex: Cost of Farming of Wheat per acre MP cost approx Rs 10000 and produced wheat can be sold at Rs15000 now with the help of Zero trill farming and using organic Manure cost can be reduced to Rs 5000 per acre and so profit on production for same crop in same land can be doubled by only changing technique and if cost is reduced then if crop is sold at less price then also farmers will not ask for loan waver or will commit suicide.
In my next blog I will give the detail cost analysis on the technique so farmer can double their profit.
