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Rural Development

Question

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What are the aims of the instruments like assurance of Minimum Support Price (MPS) for agricultural products etc.?

Solution

The aims of the instruments like assurance of minimum support price for agricultural products etc. are:

(i) To protect the income of the farmers.

(ii) To provide food-grains at a subsidised rate to the poor.

Some More Questions From Rural Development Chapter

Give the reasons of declining share of agriculture in GDP (Gross Domestic Product) of India.

What do you mean by agricultural marketing?

Mention some obstacles that hinder the mechanism of agricutlural marketing.

Why the cooperative marketing could not gain momentum in India.

Explain the areas of focus while diversifying the activities to agriculture.

Define agro-processing industries.

What are the alternative channels available for agricultural marketing ? Give some examples.

What are two types of purposes for which Indian farmers require credit?

Name the two categories of agricultural finance (credit) in India?

Who occupies the prime place in non-constitutional agricultural finance in India?

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