Economics > Indian Economic Development > Economic Reforms 1991
(a) (i) "To promote green revolution, the Indian government provided fertilizer subsidies to the farmers." Briefly explain any two arguments in favour of such subsidies.
(ii) As per a news report dated, 8th Oct. 2021, the Government of India sold its entire 100% stake in Air India. Tata sons, the original founder of Air India won the bid and purchased the airline for ₹ 18,000 crore. (1) Identify the step taken by the Government of India. (2) State any two ways in which identified step can be executed by the government.
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