How do we solve the farmer problem? Any suggestions?
Let's at least first break the problem down using first principles, for a reality check:
But then what do we have to do to solve it? Any suggestions?
The main bottleneck is the inability to provide alternative employment in more value-added sectors, like manufacturing, etc, as other countries have done before us on their development climb. This is due to India's ugly labour laws. Maybe one solution could be to decentralize labour policies down to the local district level, including for land acquisition as well as minimum wage, in order to ensure maximum competition between geographic areas.