Farm-gate prices of most commodities have slumped in the four and half years of this government mainly owing to a drop in global commodity prices and oversupply in domestic markets, along with a decline in demand. Though the first two years, 2014 and 2015, saw back-to-back drought, the production of foodgrains and oilseeds fell marginally.
When the monsoons improved in 2016, output rose, pulling down prices of agriculture commodities and creating a situation of distress in rural areas. The government in its response has been increasing the budgetary allocation for agriculture ...
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