Question

State and elaborate whether the following statements are true or false, with valid arguments: (i) Organic Farming has essentially become the need of the hour.
(ii) In the recent past, the Government of India has taken crucial steps, like Jan-Dhan Yojana, for efficient allocation of financial resources

Hint:

Organic farming ensures sustainability, while Jan-Dhan Yojana improves financial inclusion and resource allocation.

Answer 1

- Organic farming is crucial due to increasing concerns over soil degradation, pesticide contamination, and environmental sustainability.
- It ensures healthy food production by avoiding harmful chemicals, promoting biodiversity, and reducing carbon footprint.
- Many countries, including India, promote organic farming to ensure sustainable agriculture and food security. Conclusion: Given its environmental benefits and health advantages, organic farming is indeed the need of the hour.

(ii) In the recent past, the Government of India has taken crucial steps, like Jan-Dhan Yojana, for efficient allocation of financial resources.

- Jan-Dhan Yojana (PMJDY) was launched to increase financial inclusion by providing banking services to the unbanked population.
- It has helped mobilize savings, provide credit, and enhance financial literacy, leading to better allocation of financial resources.
- The scheme also facilitated Direct Benefit Transfers (DBT) and reduced leakages in government subsidies. Conclusion: Jan-Dhan Yojana has played a significant role in ensuring efficient allocation of financial resources in India.