Enlist the various institutional reforms introduced by the government in the interest of farmers. Any 5
Answers
weather reports are announced
loans at low intrest in bank
some money is given as compensation
The various institutional reforms introduced by the government in the interest of farmers are as follows:
1. Determine the method of insurance for farmers against drought, fire, disease, flood, and other calamities.
2. Provide loans facilities at lower interests to the farmers through Cooperative societies, Grameen Banks.
3. Providing the farmers with minimum support price and procurement price through government support for important crops.
4. Check exploitation of farmer by middlemen and other organizations.
5. Establishing method of weather forecasting, horticulture development, research and development in the field of meteorology, agricultural universities and more by the government to promote agriculture in the country.
The government is providing all measures to the farmers by helping them thorough climatic uncertainties like droughts and floods. The farmers are being provided with loans at low-interest rates by the cooperative banks in rural areas.
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