Question

prepare a debate report on agricultural subsidy​

Answer 1

Answer:

An agricultural subsidy is a governmental subsidy paid to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cast and the supply of such commodities.

Subsidies in India have a long history. Subsidy on land revenue in case of natural calamities and loans to concessional terms has been a traditional feature of the Indian revenue system. In free India, subsidies were introduced in 1947 when the relief and rehabilitation finance for refugee settlement was heavily subsidised. Since then, subsidies have covered a wide spectrum of Indian economy.