Economics • Indian EconomyMedium
What is the economic significance of the 'Rajiv Gandhi Kisan Nyay Yojana' implemented in Chhattisgarh?
A. Providing direct input financial assistance and income support per acre to farmers cultivating paddy and alternative crops to boost agricultural productivity✓ Correct Answer
B. Offering tax holidays exclusively to foreign technology firms establishing software parks in Raipur
C. Financing the construction of large hydroelectric dams across the Mahanadi river basin
D. Subsidizing petroleum product prices for commercial transport vehicles operating within state borders
💡 Solution & Explanation
Rajiv Gandhi Kisan Nyay Yojana provides direct income support per acre to farmers cultivating specified crops, designed to encourage agricultural investment, crop diversification, and rural consumption demand across Chhattisgarh. The direct transfer approach bypasses intermediaries and injects liquidity directly into rural households. It forms a cornerstone of the state's agricultural welfare architecture.
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