Q.3 India faces the challenge of high food prices. Examine the ways in which high food prices affect the overall economy. How far is India’s agriculture policy responsible for the problem? (10 Marks)

Mentor’s comment-
  • https://www.thehindu.com/opinion/op-ed/the-price-of-food-must-figure-in-the-policy/article37963394.ece
  • In the intro, mention the high share of food in households budget in India.
  • In the body, mention implications of high food prices such as triggering economic insecurity, crowding out expenditure on other items, affect on manufacturing sector etc. In the next part mention how agriculture policy in the form of MSP and subsidies is aggravating the issue.
  • In the suggestion mention focusing on increasing the yield, superior management of soil moisture and nutrients etc.
  •  In the suggestion mention that India needs an agricultural policy that ensures that farming is profitable but this cannot be at the cost of a high price of food.
4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
muskan garg
muskan garg
4 months ago

@staff

Kaagaz_20211220_19303871660-1.jpg
Kaagaz_20211220_19303871660-2.jpg
muskan garg
muskan garg
4 months ago
Reply to  muskan garg

not checked

muskan garg
muskan garg
4 months ago
Reply to  muskan garg

not checked @staff