Abstract
The onset of the Covid-19 pandemic has led to an aggravation of the agrarian crisis in India. The rural proletariat, poor peasants, and a section of middle peasants in India have been adversely affected. The paper advances a composite policy initiative to deal with this aggravation of the agrarian crisis involving an expansion of the existing rural employment guarantee schemes, various input subsidies to farmers, universal provision of safety gear for rural producers, and an expanded public procurement of food grains. It concludes with the political prognosis of the proposed composite policy initiative.
Highlights
The agrarian question1 in India underwent a change after independence (Patnaik, 1986)
We argue that subsidized credit be provided to the crop producers through the Kisan Credit Card (KCC) scheme of the Reserve Bank of India, which is disbursed through various public sector and private banks
We argue for a minimum level of government intervention in the credit market in rural India that can provide a modicum of relief to substantial sections of the population in rural India
Summary
The agrarian question1 in India underwent a change after independence (Patnaik, 1986).
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