Agrarian crisis is a direct result of the neo-liberal fiscal regime, which advocates tax incentives for finance, the corporate sector, and the rich in general, and tight control over government borrowing; all this has resulted in long-term neglect of agriculture. Now the measures to provide relief to farmers are being opposed by neo-liberal advocates on the grounds that it will violate fiscal prudence and yet not resolve the problem created by neo liberal fiscal regime in the first place.

* This article was originally published in the Frontline Print edition: January 18, 2019.