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OECD says Indian farmers getting 14% less price than international market: Akhikesh

OECD says Indian farmers getting 14% less price than international market: Akhikesh

Lucknow, July 15 (UNI) Samajwadi Party president Akhilesh Yadav quoting the recent report of the Organisation for Economic Co-operation and Development (OECD) has alleged that under the BJP rule, farmers of the country were getting 14 per cent less price of the agriculture produce as compared to the international markets.
The OECD - ICRIER (Indian Council for Research on International Economic Relations) report, which was released on July 5 said that the India’s agro-food sector is at a critical juncture and is facing multiple challenges.
The report suggested to the government to launch new bold policy initiatives and accelerate existing reforms to achieve higher agriculture growth and ensure better income to farmers. The report 'Agriculture Policies in India' pointed out that the gross farm revenue declined 6 per cent annually between 2014 and 2016 period because of low market prices even as farmers got large subsidies for various inputs like fertilisers, power and irrigation.

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