Q3 Kishora is a small farmer practicing agriculture on 1 acre of land in Sultanpur village. How do youthink the following reforms have helped in improving his lot -
(a) Grameen Banks
(b) Minimum Support Price
(c) Crop Insurance.
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Answer:
a) Grameen banks have given him loans at low interest unlike the large landlords who give loans at high interest.
b)The minimum support price is an agricultural product price set by the government of India to purchase directly from the farmer. So the minimum price can help him sell his products and get profitted by it.
c)crop insurance gives him insurance against natural calmities,droughts and safegaurds it
Hope this helps you
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