Indian Agriculture-Farm Subsidies and Minimum Support Prices [IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management)]: Questions 1 - 5 of 10

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Question 1

Farm Subsidies and Minimum Support Prices
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Appeared in Year: 2017

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Essay▾

Explain various types of revolutions, took place in agriculture after independence in India. How these revolutions have helped in poverty alleviation and food security in India.

Explanation

  • The agriculture sector in the decade of 1960, India started green revolution according to this high yielding variety seeds are used in wheat rice maize. This revolution gave success and extended to most parts of the country. It increased the amount of food grains enormously.
    • White revolution in dairy sector game in 1970′s, this has introduced in the…

… (186 more words) …

Question 2

Farm Subsidies and Minimum Support Prices
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Appeared in Year: 2017

Describe in Detail

Essay▾

What do you mean by minimum support price (MSP) ? How will MSP rescue the farmers from the low income trap?

Explanation

The cabinet committee on economic affairs has approved the increase in the Minimum Support Prices (MSPs) for all the Rabi crops for the year 2018 - 19 and which to be marketed 2019 - 20 season.

  • this initiative will give additional return to the farmers of ₹ 62,635 crores way of increasing the MSP for notified crops to at least return over the cost …

… (498 more words) …

Question 3

Farm Subsidies and Minimum Support Prices
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Describe in Detail

Essay▾

Recently the union government promised a minimum support price (MSP) that is 50 % higher than farmers՚ cost of production. In the light of the criticisms made against this move, critically examine how this will be implemented. (240 Words)

Explanation

Background:

In the recent budget, government has decided to keep MSP for all the unannounced crops of kharif at least at one and half times of their production cost. This decision will prove to be a ‘historic’ step towards doubling the income of farmers.

Criticisms of the Move:

  • There are some doubts if the finance minister meant the entire cost of pro…

… (341 more words) …

Question 4

Farm Subsidies and Minimum Support Prices
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Essay▾

The central government constituted a series of high-powered committees on farmers՚ suicides. Discuss the recommendations of these committees and comment why the union government has not acted upon these recommendations. (250 Words)

Explanation

The Central government has constituted several high-powered committees to solve the problem of distress of farmers. The recommendations of these committees are as follows

Raise MSP:

  • Ramesh Chand Committee Report of March 2015 said the Minimum Support Price (MSP) should be calculated by computing farm labour at the skilled wage rate, calculating land …

… (369 more words) …

Question 5

Farm Subsidies and Minimum Support Prices
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Describe in Detail

Essay▾

It is argued that to make Pradhan Mantri Fasal Bima Yojana (PMFBY) really attractive for farmers, various serious measures need to be taken. In the light of the recent budget, discuss these measures. (250 Words)

Explanation

Background:

Agriculture insurance is recognised as an important part of the safety net for farmers to deal with the impacts of extreme and unseasonal weather. To protect farmers government has come up with Pradhan Mantri Fasal Bhima Yojana.

Pradhan Mantri Fasal Bhima Yojana:

  • The PMFBY was launched by the Centre in 2016 to help farmers cope with crop l…

… (838 more words) …

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