Question

Subsidies were needed to encourage farmers." Discuss the importance of subsidies in relevance to
the Indian farmers.​

Answer 1

Answer:

Subsidies are needed to encourage farmers to adopt the new technology initially.

(iii) Farming in India is still a risky business and subsidies provide hedging against the risk of climatic conditions.

(iv) Most farmers are very poor and they will not be able to afford the required inputs without subsidies.

Explanation:

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