How is the government helping the Indian farmer in increasing their agriculture production? Explain?
Answers
Answer: INDIA’S farmers should be the happiest in the world. For decades governments have showered them with perks including a blanket tax exemption; subsidies on fertiliser, seeds, energy and water for irrigation; low-interest loans; cheap crop insurance; high tariffs to block food imports; and price supports for more than 20 crops. Lately, the authorities have become more generous still. Since 2014 no fewer than eight states have waived a total of well over $25bn in farmers’ debts.
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The government provides them with funds (loans) to buy the fertilizers, seeds and machinery. The government is providing them with irrigational facilities. The government buys their production by giving them thier surplus income. The government provides them with HYV seeds for more better production.
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