Question

"Farm subsidies put a huge burden on the government finances, but are necessary for the poor and marginal farmers."

Justify the given statement.

Answer 1

• Even though they place a heavy financial strain on the government, farm subsidies are essential for helping marginal and impoverished farmers.
• These subsidies guarantee their lives and maintain agricultural output by offering crucial financial support. Subsidies support food security and rural development by easing financial problems and fostering agricultural stability, which eventually helps the economy as a whole.
• Therefore, farm subsidies continue to be essential for the welfare of vulnerable farmers and the agricultural economy, even in the face of financial duress.