Notes and Study material for Exams
Issues of Direct and Indirect Subsidy for farm sector and other social sectors. Subsidy is one of the powerful fiscal instruments, besides taxes and others, by which the objective of Growth and social Justice may be achieved. Subsidies alter relative prices and budget constraints and thereby affect decisions concerning production, consumption and allocation … Read more
Agricultural Pricing Policy Agricultural pricing policy is a set of government interventions that aim to influence the prices of agricultural products. These interventions can take many forms, such as price supports, subsidies, and tariffs. The goal of agricultural pricing policy is to ensure that farmers receive a fair price for their products, while also ensuring … Read more
Issues Related to Direct & Indirect Farm Subsidies and Minimum Support Prices Farm subsidies are a form of government assistance to farmers. They can be direct, such as payments made to farmers, or indirect, such as tax breaks or price supports. Direct farm subsidies are typically paid to farmers based on the amount of land … Read more
The Prasad Scheme is a government program that provides financial assistance to low-income families. The program was created in 2016 and is funded by the Ministry of Social Justice and Empowerment. The Prasad Scheme is a cash transfer program. This means that the government provides money directly to the bank accounts of eligible families. The … Read more
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), launched in 2019, is a landmark direct income support scheme aimed at providing financial assistance to crores of Indian farmers. The initiative recognizes the economic challenges faced by the agriculture sector and aims to augment the income of farmers, revitalizing rural livelihoods across the country. Key Features of … Read more
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a flagship central government scheme launched in 2019. It aims to provide direct income support to millions of farmers across India, supplementing their financial resources and bolstering livelihoods within the agricultural sector. Objectives of PM-KISAN Income Support: Augment the income of small and marginal farmers. Boosting Farm Investments: Help farmers … Read more