Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
The Minimum Support Price ensures a floor for farmers’ produce, primarily for wheat and paddy, managed by FCI. Criticisms include overproduction of water-intensive crops and distortions in crop diversification. Reforms suggest direct benefit transfers, rationalizing MSP coverage, or linking MSP to market-based eNAM mechanisms. For exam angles, examine how procurement affects government stockpiles, fiscal outlays (food subsidy), and concerns about rational water usage or nutritional security across states.
What is the objective of the Goods and Services Tax (GST)?
View QuestionWhat is the primary goal of a progressive tax system?
View QuestionWhat is “inclusive growth”?
View QuestionWhat does the “Human Development Index” measure?
View QuestionWhich of the following is an example of a renewable resource?
View QuestionWhat is meant by “liquidity trap”?
View QuestionWhat is the main purpose of monetary policy?
View QuestionWhat does the Gini Coefficient measure?
View QuestionWhat does the term “capital account” refer to in the balance of payments?
View QuestionWhat does “inclusive banking” mean?
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