Need Proper policies to ensure farmers to get better prices says Panagariya

Vastavam web: Vice-Chairman Arvind Panagariya on Saturday said there is a need to formulate proper policies to ensure farmers get better prices for produce and asserted that there is no question of taxing their income.”We must have policies in place that would give better prices to farmers. And this is where the NITI Aayog, in collaboration with the state governments and on behalf of the Centre, tries to accomplish (the task of proper) marketing of agricultural produce,” he said.The vice-chairman of the premier government think-tank, which is headed by the prime minister, was speaking at an event organised by the Swarna Bharat Trust here. Panagariya said Prime Minister Narendra Modi has committed to doubling farm income by 2022 and the government is bringing in reforms on the technology front and pricing towards that direction.We need to increase productivity on farming… with this spirit that the government is also coming out with policies to foster growth and give higher wages to our workers. With higher revenues, the government can carry out the social programmes,” the noted economist said.