Context
National Bank for Agriculture and Rural Development (NABARD) is planning to formulate a farmer distress index (FDI) to track, identify and support the real needy and distressed farmers.
Background
What is Farmer distress Index?
Need of identifying distressed beneficiaries in India
What is a farm loan waiver?
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Government initiatives
Is the situation satisfying in India?
What should be the solution for it?
conclusion
The need of the hour is to make a comprehensive plan for identifying the distressed beneficiaries and integrating the governmental and financial institutional initiatives for the betterment of Agricultural situation in India.
Practice Question Q1. What is the purpose of Farmer Distress Index? Do you think it can help in plugging support package loopholes and rationalise subsidies to farmers? Substantiate your answer. Q2. “The agriculture sector is critical for India from a consistent growth and food security perspective”. Discuss the measures needed to revitalise the agricultural sector. |
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