The Government of India announced a National National Agriculture Policy aims for growth rate in excess of ..... per annum in the agriculture sector with required structural changes and reforms.

AGRICULTURE AND ITS TYPES

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Government of India announced a National National Agriculture Policy aims for growth rate in excess of ____ per annum in the agriculture sector with required structural changes and reforms.

A	1%
B	2%
C	3%
D	4%

Explanation:

Detailed explanation-1: -It was formulated under the provisions of the World Trade Organisation (WTO). The primary objectives of the NAP, 2000 are: To actualise the vast untapped potential of Indian agriculture. Achieve a growth rate in excess of 4 percent per annum in the agricultural sector.

Detailed explanation-2: -The new bill seeks to build an environment wherein farmers and traders can enjoy the freedom of choice regarding selling and purchasing of produce; this will facilitate remunerative prices through competitive, alternative trading channels to promote efficient, open and barrier-free interstate and intrastate trade.

Detailed explanation-3: -The policy has made arrangement for promotion through contract farming and land leasing arrangements for allowing accelerated technology transfer, capital inflow and assured marketing arrangements for some crops, especially of oilseeds, cotton and horticultural crops. synergise agricultural growth.

Detailed explanation-4: -Pradhan Mantri Krishi Sinchai Yojana (PMKSY) : PMKSY was approved by the Cabinet Committee on Economic Affairs on 01.07.

Detailed explanation-5: -→ Minimum Support Price policy, provision for crop insurance, subsidy on agricultural inputs and resources such as power and fertilizers, Grameen Banks, Kissan Credit Card and Personal Accident Insurance Scheme are also some of the reforms bought by Indian Government. Was this answer helpful?

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