Topic: Transport and Marketing of agricultural produce and issues and related Constraints
4. Critically examine the role that private sector investments can play in aggregating the prosperity of Indian Agriculture thus Doubling Farmers Income (DFI). (250 words)
Reference: pib.gov.in
Why the question:
Union Minister of Agriculture & Farmers’ Welfare Sri Narendra Singh Tomar has emphasized on increasing private investment in the field of agriculture recently amidst the current testing times.
Key Demand of the question:
In detail explain the role that private sector investment can play in aggregating the prosperity of Indian Agriculture thus Doubling Farmers Income (DFI).
Directive:
Critically examine – When asked to ‘Examine’, we have to look into the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications. When ‘critically’ is suffixed or prefixed to a directive, one needs to look at the good and bad of the topic and give a fair judgment.
Structure of the answer:
Introduction:
In short, highlight the significance of Agriculture in general to the Indian economy. Indian Agriculture sector forms the backbone of Indian Economic growth with almost 16% of contribution to GDP growth every year.
Body:
Explain in what way it is the largest economic sector in India as it provides employment to almost half of Indian workforce. The main reason for increasing private investment in Indian agriculture sector is that it will increase prosperity of agriculture sector. Explain the needs of investment in the sector in detail, list the requirements and underlying reasons. Discuss what will be the positive consequences of increasing the private sector investments.
Conclusion:
Conclude that Agriculture Marketing has long been advocated as the silver weapon to deal with fractured Indian Agriculture sector and its time that sufficient investments are brought to fore and progress is made.
