Though agriculture is heavily subsidised in major industrialised countries, such subsidisation would be difficult to sustain from a fiscal point of view, since many of the countries concerned are poised to meet the mounting pension liabilities not to speak of burgeoning health care costs of maintaining the deteriorating demographics.
Financial literacy •  RBI prepared a National Strategy on Financial Education catering to all sections of the population in the country. •  Simple, comprehensive and inclusive. •  Since the challenge is to link large number of financially excluded people to the formal financial system, the focus of the Strategy at the base level is to create awareness of basic financial products.