briefly explain the effects of reforms on agricultural sector
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Ans:) •the reforms has not been able to benefit agriculture
•The removal of fertilizer subsidy has led to increase in the cost of production
•Public investment in agriculture sector especially in infrastructure which includes irrigation has fallen in reform period
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Explain the effects of reforms on agricultural sector:
Explanation:
The following are some of the most significant effects:
- The amount of money spent on basic infrastructure has decreased. Fertilizer subsidies are being reduced.
- Tariffs on agricultural imports are being reduced. Agricultural commodity quotas are being relaxed.
- The system of minimum support prices has been abolished. Detailed Answer:
- The following are some of the most significant effects: The amount of money spent on basic infrastructure has decreased. Subsidies for fertilisers are being reduced.
- Tariffs on agricultural imports are being reduced. Agricultural commodity quotas are being relaxed. The minimum support price has been cancelled.
- Intermediaries must be eliminated. Land rent is regulated. Small landholdings are being consolidated. Landholdings are limited.
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