Q22)explain the institutional reform in indian agriculture(any 2 points) Q23)explain the 3 fold classification in the industrial policy resination in 1956 Q24) explain the invert looking trade policy of india?
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22)Kissan Credit Card-Kisan Credit Card Yojana is a scheme that offers short-term, revolving credit to farmers across India. It was launched in August 1998 with an aim to mitigate any financial shortcoming experienced by farmers during crop cultivation, harvesting, and maintenance of their produce.
23)Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian Parliament in April 1956. ... It laid down three categories of industries which were more sharply defined. These categories were: Schedule A: those industries which were to be an exclusive responsibility of the state.
24)Inward looking trade strategy is also known as import substitution. ... Tariffs are imposed on imported goods to make the goods more expensive which will reduce their use. Quotas provide the quantum of goods which can be imported. Hence, this policy protects the domestically produced goods from foreign competition.
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