Q.3 What are the lessons India can draw from the growth story of China and the role played by agriculture in it? Where does the agri-sector stand in India in comparison to China? (10 Marks)

Mentor’s comment-
  • https://indianexpress.com/article/opinion/columns/with-india-set-to-become-most-populous-nation-a-prosperity-lesson-8035257/
  • In the intro, mention that in 1978 when China started its economic reforms, India’s per capita income was more than China’s.
  • In the body mention the important lessons such as need for increasing the income level through agri-reforms and price deregulation, lack of reforms in agriculture after the liberalisation of economy of India’s makes Indian agriculture different from the agriculture in China.
  • Conclude by mentioning the need for reforms in agriculture to increase the income of farmers which in turn can increase the demand in economy leading to the prosperity.
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2 years ago

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