Which of the following statement (s) is/are correct ?

Statement 1: Due to partial removal of fertiliser subsidy, there has been increase in the cost of production of agricultural goods in recent times which has severely affected the small and marginal farmers.

Statement 2: The growth rate in agriculture in post 1991 reform period has been registering a marginal increase.

Only Statement 1 is correct.

Reforms in Agriculture: Reforms have not been able to benefit agriculture, where the growth rate has been decelerating.

Since 1991, public investment in agriculture sector especially in infrastructure, which includes irrigation, power, roads, market linkages and research and extension (which played a crucial role in the Green Revolution), has fallen. Further, the partial removal of fertiliser subsidy has led to increase in the cost of production, which has severely affected the small and marginal farmers.