In India, which of the following can be considered as public investment in agriculture?
- Fixing Minimum Support Price for agricultural produce of all crops
- Computerization of Primary Agricultural Credit Societies
- Social Capital development
- Free electricity supply to farmers
- Waiver of agricultural loans by the banking system
- Setting up of cold storage facilities by the governments Select the correct answer using the code given below:
Correct Answer: Option C
Public investment in agriculture refers to the creation of either physical infrastructure or intangible capital.
In this context, investment is understood as either infrastructure-related capital (as given in options 2 and 6) or social capital (as given in option 3).
Computerization of Primary Agricultural Credit Societies (PACS) and setting up of cold storage facilities directly contribute to agricultural infrastructure.
Social capital development enhances the collective capacity of agricultural communities.
Subsidies and loan waivers are not considered investments.
Therefore, fixing Minimum Support Price (MSP), providing free electricity, and waiving agricultural loans are not public investments in agriculture.
Hence, only options 2, 3, and 6 are correct.