An agricultural subsidy also called an agricultural incentive is a government incentive paid to agribusinesses , agricultural organizations and farms to supplement their income, manage the supply of agricultural commodities , and influence the cost and supply of such commodities. Examples of such commodities include: wheat, feed grains grain used as fodder, such as maize or corn, sorghum, barley and oats , cotton, milk, rice, peanuts, sugar, tobacco, oilseeds such as soybeans and meat products such as beef, pork, and lamb and mutton. Agricultural subsidies were originally instituted to stabilize markets, help low-income farmers, and aid rural development. This came as a result of the series of programs, public work projects , financial reforms and regulations enacted by the president known as the New Deal.
Stakeholders Opinion on Agricultural Subsidies and Their Impact in Punjab
Stakeholders Opinion on Agricultural Subsidies and Their Impact in Punjab | Semantic Scholar
Efficient agricultural policies are essential to meeting increasing demand for safe and nutritious food in a sustainable way. While growth in demand for food, feed, fuel and fibres presents significant opportunities for agriculture, government policies must address challenges such as increasing productivity growth, enhancing environmental performance and adaptation to climate change, and improving resilience of farm households to market shocks brought on by weather and other unforeseen circumstances. Policy monitoring and evaluation provides needed evidence for governments to ensure that their agri-food policies address these challenges well. Efficient policies clearly separate targeted measures that provide income support to farm households in need, from measures that support increased farm productivity, sustainability, resilience and overall profitability.
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Questions Courses. Case study: Agricultural Subsidies and Development: If agricultural tariffs and subsidies to Agricultural Subsidies and Development For decades the rich countries of the developed world have lavished subsidies on their farmers, typically guaranteeing them a minimum price for the products they produce.