Question

Explain the non-product specific agricultural subsidy granted by the Government.

07 Feb 2024
Answer :
Word Count : 403

Non-product specific agricultural subsidies, also known as general subsidies or decoupled payments, are government financial supports provided to farmers that are not tied directly to the production of a specific crop or commodity. These subsidies are designed to achieve broader policy objectives rather than influencing the production decisions of farmers. Here's a breakdown of their key features and implications:

1. Purpose: The primary purpose of non-product specific agricultural subsidies is to provide income support to farmers, stabilize agricultural incomes, and ensure the viability of farming operations. These subsidies aim to address various challenges faced by farmers, such as income volatility _____ ________ _______ ___ ________ ______ ____ __________ __________ ______.
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