You are making his point, you do realize that, right? The disproportionate procurement from Punjab & Haryana IS because of current food surplus policy that incentivizes farmers to grow incessantly high amounts. His point highlights the Paddy-Wheat cycle problem. He is 100% right. https://twitter.com/sialmirzagoraya/status/1358365595792773121
Over time as prod. grew, FCI's debt grew too. That has led to serious inefficiencies in the system. As supply has grown and so have the input costs, the farmer's profits have shrunken because prices won't grow as fast to ensure rising profits margin - Due to the over supply.
The FCI debt burden is ballooning because of that and hence there's a need to move away from the current policy and shift the mindset of farmers. The share of subsidies has only grown yet farmers in Punjab haven't been able to raise the quality or take their produce to market.
It's quite hilarious that farmers in Punjab want to continue to be stuck in this cycle which is going to increase cost & debt while at the same time as they themselves push over prod., overtime, even FCI might run out of silos to stock enough grains & the bubble will aptly burst.
Not to mention what this cycle itself brings to India itself. While water surplus regions continue to not grow paddy & wheat as much as Punjab, Punjab does because of its stubbornness to not adapt. And it's not as if yields & quality are great enough to compete in open markets
Take yields for ex: India is the 2nd producer of paddy in the world after China, but its yield is roughly ~3.8 Ton/Ha was almost 18% lower than China’s in 2017. Brazil had 6.2 Ton/Ha and USA 8.4 Ton/ha. Soon MP will overtake Punjab's yield levels as well just as did with prod.
On quality last year's procurement saw over 1/3rd of procurement from Punjab was of low quality grains. So effectively state had to buy because FCI had to procure it. So bottom line is this:
Distressed water tables, rising input costs, inefficient markets in need of correction, FCI procurement itself breaching limits, due to surplus (excess supply) prices aren't moving up enough & that's cutting into profits of farmers all the while farmers want this to continue
I won't be bringing in any RW/LW narratives here but this is the ground situation. That's why I see these laws as more of an opportunity than a crisis. If you still want to sell at MSP, go ahead that isn't going away anyway. But that sure doesn't mean the reforms aren't needed.
Have tried to make points in simple language deliberately because didn't want to incessantly create an Uber long thread, so stopping here. You decide if this theatre of absurd is worth it. I rest my case :)
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