The fertilizer subsidies provided by the Indian government were instrumental in promoting the green revolution and boosting agricultural productivity. Two arguments in favor of such subsidies are:
1. Increased Agricultural Productivity: Fertilizer subsidies enabled farmers to afford high-quality fertilizers, which led to an increase in the usage of chemical inputs. This helped boost crop yields and contributed to greater food production, especially during the Green Revolution.
2. Encouragement of Modern Agricultural Practices: Subsidies made it financially feasible for farmers to adopt modern farming techniques, such as the use of high-yielding varieties (HYVs) of seeds, chemical fertilizers, and pesticides. This helped India transition from traditional farming to more productive and modern agricultural practices.