Garg: Politicians call farmers 'annadata' to fool them instead of building businesses
Subhash Chandra Garg · India's Road To $10 Trillion Economy With Subhash Garg, Former Secretary Of Economic Affairs · Nov 27, 2024 · at 29:38
Former Indian Economic Affairs Secretary Subhash Chandra Garg criticizes political rhetoric around farmers and advocates for market-driven agricultural reforms.
0:00 / 0:28exact quote · 28.2s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“We call, or our politicians call kisans or farmers annadata or whatever, but this is basically to make them fools. If we can treat them as businessmen, Who are entitled to earn a good income for supporting them and their families. I think that's a better thing to do.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Subhash Chandra Garg
Garg: Accelerating brain drain by 5x to 10x would make India prosperous
“If you can increase the speed of this brain drain by five to 10 times Right. Believe me, India would be a prosperous country.”
Garg: India's GDP growth in dollar terms was slower under Modi than UPA
“But the 10 year period of Narendra Modi from 2014 15 to 2023 24, it has gone up from 1.8 trillion To something close to 3.6 trillion. So it's little less than doubled. So while it was three times in those 10 years in dollar terms, it is about two times. So it …”
Garg: India's industrialization push missed its window; services must drive growth
“So today, if we are trying to do manufacturing or industrialization, I think we are trying to catch a train which has long left the station. We may still waste our time in trying to do that, but better thing to do is that what is the current train on which we …”
Garg: India's manufacturing-focused budget is an outdated 20th-century strategy
“That's why, to my mind, it makes better sense, and I call the recent budget, which Is trying to still promote manufacturing and the industrial employment by those on employment oriented schemes as a 20th century budget precisely for this reason that you are tr…”
Garg: Low farmgate prices reflect value addition, not farmer exploitation
“There's many times you would be hearing this argument in our country that the farmers are looted they get for the papaya or for the apple they produce, they get only 10% or 20% or 30% of the final price which is paid, right? This is a very short-sighted argume…”
Garg: Short sellers provide valuable market services by pricking artificially inflated bubbles
“My sense is that the short sailors render valuable services. They make or they prick the balloons which are artificially inflated or based on market manipulation and things like. So short sailors and they also risk their capital if their analysis is not believ…”