Reforms in farm sector by the NITI Aayog

Q.  Which of the following are areas identified for immediate reforms in farm sector by the NITI Aayog?

1) Agricultural credit
2) Reforms related to forestry on private land
3) Agricultural market reforms
- Published on 02 Nov 16

a. 2, 3
b. 1, 2
c. 1, 3
d. All of the above

ANSWER: 2, 3
 
  • The low levels of productivity, growth and incomes ailing the farm sector in India and causing immense agrarian distress is well known.
  • Without undertaking radical reform it is impossible to transform agriculture and double farmers income.
  • However, state governments have been extremely lax in implementing much needed reforms to modernize agriculture and create a favourable policy and market environment for farmers.
  • Addressing the issue, NITI Aayog has identified three key areas for reform and is now persuading states to undertake the reforms.
    • The areas identified for immediate reforms are:
    1. Agricultural market reforms
    2. Land lease reforms
  • Reforms related to forestry on private land – felling and transit of trees.

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