EDITORIAL 9 December 2025

Food inflation dips but that isn’t enough

Source: Indian Express

Context & The Gist

The article discusses the current agricultural scenario in India, triggered by predictions of a 'weak' La Niña and a robust rabi sowing season. It highlights the paradox of declining food inflation benefiting consumers but simultaneously impacting farmer incomes, underlining the need for agricultural reforms.

Key Arguments & Nuances

  • Positive Rabi Crop Prospects:

    Increased rabi sowing (10% more than last year) driven by surplus monsoon rainfall, replenished reservoirs, and higher MSPs, particularly for wheat, points towards a potentially bumper harvest.

  • Impact of Declining Food Inflation:

    While easing food inflation has boosted consumer sentiment and allowed the RBI to cut policy rates, it's creating deflationary pressures in the agricultural sector.

  • Farm Incomes & Price Volatility:

    The difference between growth rates at constant and current prices indicates deflation in agriculture. Extreme price volatility discourages farmer investment and long-term planning.

  • Need for Agricultural Reforms:

    The article emphasizes that the agricultural sector has been largely untouched by the reforms seen in other sectors, contributing to price volatility and hindering sustainable growth.

UPSC Syllabus Relevance

  • GS Paper III: Economy - Agriculture: Issues related to direct and indirect agricultural subsidies and their impact on production and pricing.
  • GS Paper III: Economy - Growth & Development: Analysis of agricultural growth, its contribution to overall GDP, and the factors affecting it.
  • GS Paper II: Governance - Government Policies: Effectiveness of Minimum Support Price (MSP) and other government interventions in the agricultural sector.

Prelims Data Bank

  • La Niña: A climate pattern that describes the cooling of surface-water temperatures in the central and eastern tropical Pacific Ocean.
  • Rabi Crops: Winter crops sown in October-November and harvested in March-April (e.g., wheat, mustard, chana).
  • Kharif Crops: Monsoon crops sown in June-July and harvested in September-October.
  • MSP (Minimum Support Price): A price fixed by the Government of India to protect the income of the farmer.
  • Gross Value Added (GVA): A measure of the total value added by an industry or sector.

Mains Critical Analysis

The article highlights a critical dilemma in Indian agriculture: balancing consumer welfare through controlled inflation with the need to ensure sustainable farmer incomes. The current situation, characterized by declining food inflation, presents a challenge to agricultural growth. While lower prices benefit consumers and allow for monetary easing, they disincentivize farmers from investing in productivity-enhancing technologies and practices. This creates a vicious cycle of low investment, stagnant yields, and continued vulnerability to price shocks.

PESTLE Analysis

  • Political: Government policies like MSP play a crucial role in influencing farmer behavior and market dynamics.
  • Economic: Food inflation significantly impacts household budgets and macroeconomic stability.
  • Social: Farmer distress due to low incomes can lead to social unrest and migration.
  • Technological: Lack of investment in agricultural technology hinders productivity growth.
  • Legal: Reforms in agricultural marketing laws are needed to improve price discovery and reduce volatility.
  • Environmental: Climate change and unpredictable weather patterns pose significant risks to agricultural production.

Value Addition

  • Committee: The Swaminathan Committee (2004) recommended MSP based on the comprehensive cost of production plus a 50% margin.
  • SC Judgement: The Supreme Court has, in various judgments, emphasized the need for a balanced approach to agricultural pricing that protects both farmers and consumers.
  • Best Practice: Countries like the Netherlands have successfully implemented technology-driven agriculture to enhance productivity and reduce price volatility.
  • Quote: “Agriculture is not merely the concern of the agriculturists alone; it is the concern of the entire nation.” – Mahatma Gandhi

The Way Forward

  • Immediate Measure: Implement direct income support schemes for farmers to mitigate the impact of declining prices.
  • Long-term Reform: Undertake comprehensive agricultural reforms, including diversification of crops, investment in irrigation and storage infrastructure, and promotion of value-added processing.
  • Strengthen Market Linkages: Improve market access for farmers through e-NAM and other digital platforms.

Read the original article for full context.

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