In India, which of the following can be considered as public investment in agriculture? 1. Fixing Minimum Support Price for agricultural produce of all crops 2. Computerization of Primary Agricultural Credit Societies 3. Social Capital development 4. Free electricity supply to farmers 5. Waiver of agricultural loans by the banking system 6. Setting up of cold storage facilities by the governments. Select the correct answer using the code given below:
A.1, 2, 3, 4, 5 and 6
B.1, 2 and 5 only
C.2, 3 and 6 only✓ Correct
D.1, 3, 4 and 5 only
Explanation
Public investment in agriculture refers to capital formation—computerisation of PACS, social capital development and cold storage infrastructure. MSP, free electricity and loan waivers are subsidies/revenue expenditure, not investment.
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