USA HISTORY

Detailed explanation-1: -The legislation on contract farming will allow farmers to enter into a contract with agri-business firms or large retailers on pre-agreed prices of their produce. It will also help farmers of regions with surplus produce to get better prices and consumers of regions with shortages, lower prices.

Detailed explanation-2: -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. Focus on the domestic markets and maximise profits from the export of agricultural products.

Detailed explanation-3: -By limiting the supply of target crops-specifically, corn, cotton, milk, peanuts, rice, tobacco, and wheat-the government hoped to increase crop prices and keep farmers financially afloat. Courtesy of Georgia Info, Digital Library of Georgia. The AAA successfully increased crop prices.

Detailed explanation-4: -The Government has rolled out a number of new initiatives like Soil Health Card Scheme, Neem Coated Urea, Paramparagat Krishi Vikas Yojana (PKVY), Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), National Agriculture Market (e-NAM), Pradhan Mantri Fasal Bima Yojana (PMFBY) and Interest Subvention Scheme.