Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Reform Impact on Agriculture
Reforms have affected the agriculture sector because:
- Public investment in agriculture infrastructure has increased
- Public investment in agriculture especially in infrastructure has fallen since 1991 — Correct Answer
- Farmers received more subsidies
- Import duties on agricultural products were increased
Explanation:
Correct Answer Explanation
Since 1991, public investment in agriculture especially in infrastructure (irrigation, power, roads, market linkages, research and extension) has fallen.
Key Points:
- Partial removal of fertiliser subsidy increased cost of production.
- Reduction in import duties on agricultural products.
- Low minimum support price.
- Shift from food grain production to cash crops for export.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
