Question
In India which of the following can be consider as public investment in agriculture?
1. Fixing minimum price for agriculture produce of all crops.
2. Computerization of primary agriculture credit societies.
3. Social capital development.
4. Free electricity supply for farmers.
5. Wavier of agriculture loans by the banking system.
6. Setting up of cold storage facilities by government.
Select the correct answer using the code given below :
(a) 1, 2 and 5 only
(b) 1, 3, 4 and 5 only
(c) 2, 3, and 6 only
(d) 1, 2, 3, 4, 5 and 6
Answer:
C
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Explanation:
In India, the following can be considered as public investments in agriculture:
1. Computerization of primary agriculture credit societies: This involves digitizing and modernizing the operations of primary agriculture credit societies (PACS) to improve access to credit and financial services for farmers.
2. Social capital development: Social capital development includes initiatives that aim to strengthen the social networks, institutions, and relationships within the agricultural sector. This can involve activities such as farmer training programs, capacity building, and knowledge sharing.
3. Setting up of cold storage facilities by the government: The government may establish cold storage facilities to help farmers preserve and store their produce, reducing post-harvest losses and ensuring better market access.