Economic reforms were widely criticised because it neglected agriculture sector?

Dear Student,
Neglect of agriculture : main drawback of economic reform is explained hereunder :-
A major criticism of the process of economic reforms is the neglect of agriculture, the mainstay of livelihood of two-thirds of the population. Due to inadequate attention given to agriculture food grains production did not increase much. Even during 2004-05 and 2006-07, food grains production stagnated at around 2008-09 million tones. As a result foods prices rose sharply. This created inflation and, thus, was one of the causes of poverty.
So, yes it can be said that Economic reforms were widely criticised because it neglected agriculture sector.

Regards

  • 3
What are you looking for?