Question

Farmers are withdrawing their investment from agriculture.give reasons to support your given statement

Answer 1

Answer:

Explanation:

(ii) Subsidy on fertilisers is decreased leading to increase in the cost of production.

(iii) Reduction in import duties on agricultural products have proved detrimental to agriculture in the country. (iv) Farmers are withdrawing their investment from agriculture causing a downfall in the employment in agriculture

Answer 2

Farmers are withdrawing their investment from agriculture:

• The farmers of today are facing a whole new kind of threat, the threat of globalization.

• Many farmers are unwilling to take the risk of entering the market and competing with international products.

• The government has also reduced the subsidies given to farmers, which has led to increase in the cost of production that then increased the cost of product.

• The government has failed to provide favorable working environment for the farmers, which include providing facilities like power, irrigation etc.

• So, farmers are being compelled to withdraw their investment from agriculture.