Tax incentives and subsidies as we have evidently seen are the least optimal way of utilizing public resources. I am aware that in a bid to lower the risk profile of agriculture and incentivize agricultural financing, government is introducing an agriculture insurance scheme.
6  BIS central bankers’ speeches  Demand factors Price pressures can emanate from the supply side but it will be difficult to sustain it without rising demand. In this context, important information on recent trend in expenditure pattern and wages is available from the 66th round of NSSO consumption survey and Labour Bureau.