As per New Economic Policy, in Export Oriented Policy strategies in agriculture, there has been a shift of production from domestic market to export market which leads to :
Answer & explanation
Correct answer: option 1
The correct answer is option (1) : Pressure on Food grains and its prices
Because of export oriented policy strategies in agriculture, there has been a shift from production for the domestic market towards production for the export market focusing on cash crops in lieu of production of food grains. This shift typically results in reduced availability of food grains in the domestic market, which can lead to higher prices due to decreased supply.