Class 11 Economics - Indian Economic Development - Chapter Indian Economy 1950-1990 NCERT Solutions | Explain the statement that the green rev
Explain the statement that the green revolution enabled the government to procure sufficient food grains to build its stocks that could be used during times of shortage.
The Green Revolution led to an increase in the production of food grains. With the use of modern technology, extensive use of fertilisers, pesticides and HYV seeds there was a significant increase in the agricultural productivity and product per farm land. In addition, the spread of the marketing system, abolition of intermediaries and easy availability of credit has enabled farmers with a greater portion of marketable surplus. All these factors enabled the government to procure sufficient food grains to build the buffer stock and to provide cushion against the shocks of famines and shortages.
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Why was the public sector given a leading role in industrial development during the planning period?
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Match the following:
1. Prime Minister
2. Gross Domestic Product3. Quota
4. Land Reforms
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6. Subsidy
A. Seeds that give large proportion of output
B. Quantity of goods that can be importedC. Chairperson of the planning commission
D. The money value of all the final goods and services produced within the economy in one year.
E. Improvements in the field of agriculture to increase its productivity
F. The monetary assistance given by government for production activities.
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