“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.
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Solution and Explanation
Arguments in Favour: Ensures income stability for farmers during poor crop seasons. Encourages food production, ensuring food security for the country.
Arguments Against: Leads to fiscal burden and inefficient resource allocation. Discourages farmers from adopting sustainable farming practices.
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