what is the cause for deceleration in agricultural sector
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Answer:
The short-sighted and under-researched policies to tackle monsoon failures and drought; inefficient credit and loan facilities; and the liberalisation of the economy as a way to expand the industrial and services sector have caused the decline of the agricultural sector
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Deceleration in agricultural sector is mainly due to short sighted and under research policies to tackle failures and more inclination towards industrialization.
Explanation:
- Monsoon in our country is quite uncertain and the research policies in the field of agriculture,meteorology and weather forecast is negligent enough to tackle effectively any failures.
- Over the years there is a reduction in public investment in agriculture,subsidy of fertilizers have reduced thus leading to increase cost of production.
- Insufficient credit and loan facilities has also been a major cause of farmers poor health thereby the agricultural field.
- Over the years there is an liberal import of agri products as a result of liberalization of economy to expand industries.
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