Going by the number of farmers, Indian agriculture is the nation’s largest private enterprise. And also the only one lacking free markets. So it is hardly surprising that half of India’s population, since it depends on agriculture, contributes only 15% of the country’s income. The shocking waste of entrepreneurial energy, time and resources of 263 million farmers and laborers has kept rural families in poverty, accelerated urban migration and created widespread disaffection.
Here are five things that the Budget can trigger to make agriculture a profitable business.
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