1. Under what conditions would make a loan easy to bear?
2. what is the major drawback faced by Indian farmers?
3.which is the most abundant factor of production in the Indian context? is this being utilized properly? what happens as a result?
4. list 3 changes that have taken place in agricultural practises? what was the imapct on productivity seen?
Answer 1
It will be easy for farmers to bear the amount of loan in case:
i. Interest on loan is low.
ii. The harvest is good.
iii. Easier repayment options available to farmers.
Answer 2
Major drawbacks faced by farmers are in the following form:
i. Low educational qualifications
ii. Usage of traditional techniques and methods for farming
iii. Low incomes and wages
Answer 3
In Indian context, ‘labour’ is the most abundant factor available for production. However, it is not being utilized to its optimum. This is because the workers or the labourers in India lack skills and education. This in turn results in wastage and under-utilisation of resources. The level of productivity also declines and all this thereby leads to decline in the overall growth and development.
Answer 4
The following are the three practices that have been seen in agricultural sector.
i. Use of modern technology and HYV seeds
ii. Increase in area under cultivation and irrigation
iii. Better credit facilities
All these practices have a major revolution in India's agriculture. It is because of the combined effect of all these the productivity and the total food grain production has increased by manifold. Consequently, India today has achieved the status of self-sufficiency in the fields of food grain productions.