One of the dismal realities of the agricultural sector in independent India has been that it never experienced a high-growth phase, unlike the non-agricultural economy. The highest decadal growth (compound annual growth rate or CAGR) for agriculture has been just 3.5% in the 1980s. Also, after experiencing a spurt in decadal growth during the 1980s, agricultural growth suffered relative stagnation thereafter. This is in sharp contrast to non-agricultural growth, which consistently increased from the 1980s to 2000s.
With reference to the passage, the following assumptions have been made :
The growing divergence between the fortunes of the agricultural and non-agricultural economy in India could have been reduced/contained by :
- I. adapting large-scale cultivation of commercial crops and viable corporate farming.
- II. providing free insurance for all crops and heavily subsidizing seeds, fertilizers, electricity and farm machinery at par with developed countries.
Which of the above assumptions is/are valid ?
With reference to the passage, the following assumptions have been made :
The growing divergence between the fortunes of the agricultural and non-agricultural economy in India could have been reduced/contained by :
- I. adapting large-scale cultivation of commercial crops and viable corporate farming.
- II. providing free insurance for all crops and heavily subsidizing seeds, fertilizers, electricity and farm machinery at par with developed countries.
Which of the above assumptions is/are valid ?