Economics · Economic History of India
Why were fertilizer subsidies considered a double-edged policy instrument in India during 1960-1990?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1They discouraged farmers from adopting High Yielding Variety (HYV) seeds
- 2They supported agricultural productivity but often disproportionately benefited richer farmers✓
- 3They directly reduced rural employment and farm labor engagement
- 4They promoted global trade at the cost of domestic industries
Correct answer
They supported agricultural productivity but often disproportionately benefited richer farmers
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