Subject: Economics
Book: Comprehensive Indian Economy
Agriculture employs a significant portion of India’s workforce, though its GDP share has declined post-reforms. Key areas include crop diversification, irrigation, allied activities (dairy, fisheries), and government interventions like Minimum Support Price (MSP). Challenges persist: small landholdings, volatile monsoons, and inadequate market linkages. Green Revolution successes and subsequent missions—White Revolution, Blue Revolution—offer insights into sectoral transformations. For exams, note critical aspects like the Pradhan Mantri Fasal Bima Yojana (crop insurance), e-NAM (digital trading platforms), and the push for sustainable practices under climate stress. Reforms in agri-marketing and contract farming also feature in contemporary debates.
What is “inflation targeting”?
View QuestionWhat does “balance of trade” refer to?
View QuestionWhat is the meaning of "fiscal deficit"?
View QuestionWhich of the following is NOT a component of Aggregate Demand?
View QuestionWhat is meant by “marginal propensity to consume”?
View QuestionWhich of the following is a feature of a command economy?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhich of the following is NOT part of the World Bank Group?
View QuestionWhat is “open market operations” (OMO)?
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