Wednesday, May 16, 2012

Back to 1972

Well, well! The Meteorological officials confirm a healthy and timely monsoon this year for India (pun unintended). That ought to have some effect on the stocks although the judgement and declaration of the IMD is never above doubt! But, yeah as of now, we'll keep that rosy picture in mind of a timely monsoon which will result in good crop yield. 

And as any God-fearing Indian will tell ya, If the Monsoon Gods bless the motherland, everything thereafter will work in timely and orderly manner; starting with the Monsoon Session of the Parliament! But what of now? What gods need to be pleased to ease the sufferings of the cultivators now? Which Offering will ease their pain? As of now, over 330 farmer deaths (suicides) have been confirmed in the Vidharba and Ratnagiri belts. The number is expected to increase further by the day. On the other hand , we have 1,600 crores earmarked for farm development out of which only 0.1% has been spent (forgive any errors in the figures). 

That's the sad state of affairs in Maharashtra- we're facing a grave drought crisis here. Any further escalation from here will lead us back to dark Summer of 1972. When the state was reeling under a severe drought which had crippled the farming sector-both in terms of output and employment. 1972 remains a stark reminder of farm crisis in India. And this time around, it maybe repeated; speaking of History repeating Itself!! Irrigation projects were launched without proper planning and future estimation. Projects were sanctioned in those areas which are the political home grounds of the MPs and not in the required districts. We could go on debating on this topic-any political soup is a hot discussion. But that's not the case here. We're facing an acute water shortage in the hinterlands and nepotism is going to result in another unwanted history!

Another 1972:period.

(http://www.financialexpress.com/news/challenging-the-drought-crisis-with-farm-ponds/947863/)

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