Economics • Indian EconomyMedium
What is the primary objective of the 'PM-SMAN' (Sub-Mission on Agricultural Mechanization) or related modernization schemes in the Indian agricultural sector?
A. To distribute direct cash transfers to landless agricultural laborers based on biometric verification
B. To promote the adoption of farm machinery and equipment through custom hiring centers to enhance productivity✓ Correct Answer
C. To establish minimum support prices for horticulture crops across all districts of the country
D. To provide crop insurance coverage against pest attacks without any farmer premium contribution
💡 Solution & Explanation
Agricultural mechanization schemes aim to enhance farm productivity by promoting the adoption of advanced machinery through custom hiring centers that make costly equipment accessible to small and marginal farmers. These initiatives focus on resource efficiency rather than direct cash transfers or universal minimum support pricing. Government welfare and agricultural schemes are heavily featured in current affairs.
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