In India, which of the following can be considered as public investmen

1.	In India, which of the following can be considered as public investment in agriculture?1. Fixing Minimum Support Price for agricultural produce of all crops2. Computerization of Primary Agricultural Credit Societies3. Social Capital development4. Free electricity supply to farmers5. Waiver of agricultural loans by the banking system6. Setting up of cold storage facilities by the governmentsSelect the correct answer using the code given below:1. 1, 2 and 5 only2. 1, 3, 4 and 5 only3. 2, 3 and 6 only4. 1, 2, 3, 4, 5 and 6
Answer» Correct Answer - Option 3 : 2, 3 and 6 only The correct answer is 2 3 and 6 only. Fixing Minimum Support Price for Agriculture for agricultural products of all crops and free electricity supply to farmers are subsidies, hence they are not categorized as public investment in agriculture. The waiver of agricultural loans by the banking system is a concession or indirect support. hence it is not considered as public investment in agriculture. Subsidies and incentives are not considered as public investment, hence statement 2 3, and 6 are correct codes. Recently in May 2020, the government announced Aatam Nirbhar Bharat Abhiyan and invested heavily in agriculture, These include- The Agri Infra Fund of Rs 1 lakh crore for post-harvest infrastructure, a scheme for 10,000 farmer producer organizations. Special drive to include 25 million farmers who still do not have the Kisan Credit Cards (KCC) developing a digital agri-stack which will be a key enabler for online marketplaces and smart agriculture.

In India, which of the following can be considered as public investment in agriculture?1. Fixing Minimum Support Price for agricultural produce of all crops2. Computerization of Primary Agricultural Credit Societies3. Social Capital development4. Free electricity supply to farmers5. Waiver of agricultural loans by the banking system6. Setting up of cold storage facilities by the governmentsSelect the correct answer using the code given below:1. 1, 2 and 5 only2. 1, 3, 4 and 5 only3. 2, 3 and 6 only4. 1, 2, 3, 4, 5 and 6

Answer» Correct Answer - Option 3 : 2, 3 and 6 only

The correct answer is 2 3 and 6 only.

Fixing Minimum Support Price for Agriculture for agricultural products of all crops and free electricity supply to farmers are subsidies, hence they are not categorized as public investment in agriculture.
The waiver of agricultural loans by the banking system is a concession or indirect support. hence it is not considered as public investment in agriculture.
Subsidies and incentives are not considered as public investment, hence statement 2 3, and 6 are correct codes.

Recently in May 2020, the government announced Aatam Nirbhar Bharat Abhiyan and invested heavily in agriculture, These include-
- The Agri Infra Fund of Rs 1 lakh crore for post-harvest infrastructure, a scheme for 10,000 farmer producer organizations.
- Special drive to include 25 million farmers who still do not have the Kisan Credit Cards (KCC)
- developing a digital agri-stack which will be a key enabler for online marketplaces and smart agriculture.

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