Question

(b)(i) “Every coin has two sides — debate over farm subsidies is one such classic example of the same.”
Justify the given statement with two arguments each in favour of and against the continuation of the farm subsidies.

Hint:

Balance your arguments by addressing both the benefits and drawbacks of farm subsidies.

Answer 1

Arguments in favour: Provides financial relief to farmers, especially small and marginal ones, ensuring their survival. Ensures higher crop production by subsidizing inputs like fertilizers and seeds, contributing to national food security. 
Arguments against: Excessive subsidies lead to overuse of water and fertilizers, degrading soil and depleting groundwater. Subsidies often benefit large farmers disproportionately, diverting funds from critical rural development needs.