Question :Explain any three institutional reforms taken for the development of Indian agriculture.
The correct answer is -Here are three institutional reforms that have been taken for the development of Indian agriculture:
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Green Revolution: The Green Revolution was a major institutional reform that aimed to increase agricultural productivity in India by introducing high-yielding varieties of crops, modern farming techniques, and better irrigation facilities. The initiative was launched in the 1960s, and it helped India become self-sufficient in food production. The Green Revolution led to the introduction of new technologies, including chemical fertilizers, pesticides, and mechanized farming, which helped increase agricultural productivity and output.
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National Agricultural Policy: The National Agricultural Policy was introduced in 2000 with the aim of increasing the income of farmers, ensuring food security, and promoting sustainable agriculture. The policy aimed to improve the efficiency of agricultural markets, increase investment in agriculture, and provide institutional support to farmers. The policy also emphasized the need for research and development, extension services, and better access to credit and insurance for farmers.
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Pradhan Mantri Fasal Bima Yojana: The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a crop insurance scheme introduced by the government of India in 2016. The scheme aims to provide insurance coverage and financial support to farmers in the event of crop failure due to natural calamities, pests, or diseases. The PMFBY covers all crops, and it provides farmers with affordable insurance premiums and timely compensation for crop losses. The scheme also encourages the adoption of modern agricultural practices and better risk management techniques by farmers.