Indian Express published an article on the farm protests. The farmer protests in the national capital refuse to weaken and with each passing day more and more people in the country seem to be growing curious about the wisdom behind the government’s new farm laws. China followed a radically different approach by creating incentives and institutions needed for a market economy and that is what Modi’s bills aim to do. The Dragon and The Elephant: Learning from agricultural and rural reforms in China and India, a 2008 paper by former IFPRI staff Shenggen Fan and Ashok Gulati, states that “Despite similar trends in the growth rates, the two countries have taken different reform paths; China started off with reforms in the agriculture sector and in rural areas, while India started by liberalizing and reforming the manufacturing sector. These differences have led to different growth rates and, more importantly, different rates of poverty reduction.” Republished in Dr. Lamba’s Blog, Muckanamalaipatti.
Indian farmers! Wake up & see the way china reformed its agriculture (Indian Express)
December 19, 2020