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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)

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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.

Comments

4 responses to “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)”

  1. muskan garg Avatar
    muskan garg

    @staff

    1. muskan garg Avatar
      muskan garg

      not checked

    2. muskan garg Avatar
      muskan garg

      not checked @staff

    3. Staff @CD Avatar
      Staff @CD

      Muskan

      Decent attempt.
      Introduction is good.
      In next part, mention some data related to expenditure on food by households.
      Also, it crowds out expenditure on other items by a household effecting education of children, economic insecurity etc- can be mentioned.
      Next part is good.
      Try to mention a separate way forward before concluding.
      Keep practicing. 🙂

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