Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Agriculture Public Investment Decline
Since 1991, public investment in agriculture has fallen especially in:
- Cash crop production
- Infrastructure including irrigation, power, roads, market linkages and research — Correct Answer
- Export promotion
- Subsidy distribution
Explanation:
Correct Answer Explanation
Public investment fell in infrastructure — irrigation, power, roads, market linkages, and research and extension.
Key Points:
- These had played a crucial role in the Green Revolution.
- Partial removal of fertiliser subsidy increased production costs.
- Small and marginal farmers severely affected.
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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.
