(i) Discuss any two measures initiated by the government to improve Agricultural marketing in India. (ii) Elaborate the importance of credit in rural development. (i) 'India can transform itself knowledge-based economy by using information technology.' Justify the given statement. (ii) "It is necessary to generate employment in the formal sector rather than the informal sector." Justify the given statement with valid arguments.

Question

Accepted Answer

(i) Measures for agricultural marketing:

1. E-NAM (Electronic National Agriculture Market)
2. Minimum Support Price policy
3. Agricultural produce market committees
4. Cold storage and warehousing
5. Transport infrastructure

(ii) Importance of credit in rural development:

1. Capital for agriculture
2. Supports modernization
3. Enables investment
4. Promotes entrepreneurship
5. Reduces poverty

(iii) India as knowledge-based economy:

1. IT sector growth
2. Digital initiatives
3. Skill development
4. Innovation ecosystem
5. Educational reforms

Credit and IT together can transform India into a knowledge-based economy.