Which of the following instruments "Aim" at protecting the income of the farmers?
Answer & explanation
Correct answer: option 4
Various policy instruments which are mentioned below aim at protecting the income of the farmers and providing foodgrains at a subsidized rate to the poor.
- assurance of minimum support prices (MSP) for agricultural products
- maintenance of buffer stocks of wheat and rice by Food Corporation of India
- distribution of food grains and sugar through PDS.