Indian Economy and Issues-Government Budgeting [IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management)]: Questions 12 - 12 of 12

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Question 12

Government Budgeting
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Essay▾

Critically analyze the merits and shortcomings of three new measures that were announced in the recent union budget with an aim to address agrarian distress in India. Also examine what else could have been introduced in the budget to address agrarian distress. (250 Words)

Explanation

Background:

Indian agriculture is undergoing a tough time with farmer suicides still taking place. So tackling farm distress is essential to government՚s target of doubling farmers income by 2022. So it launched operation green, raised MSP, launched Govardhan Yojana etc.

Raise in MSP:

In the recent budget, government has decided to keep MSP for all th…

… (1020 more words) …

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