TOPIC : Issues related to direct and indirect farm subsidies
4)Pradhan Mantri Fasal Bima Yojana is a good scheme with flawed execution. Critically analyse.(250 words)
Why this question
PMFBY is a premier government scheme to address one of the critical challenges faced by our farmers – that of crop insurance. Hence, it is important to track the progress of the scheme.
Key demand of the question
The question makes the assertion that the design of the scheme is good but the execution is flawed. We have to critically examine both these claims.
Critically analyze – we have to assess two things
- Whether the design of the scheme is good
- Whether execution of the scheme is good
- Overall opinion on the status of the scheme
Structure of the answer
Introduction – Mention in brier about the problem that PMFBY is trying to solve.
- Discuss the design of the scheme
- Analyze the good and the bad parts of the scheme
- Discuss the implementation of the scheme. Analyze the pros and cons
- Provide your opinion on what’s hampering the progress of scheme – design or implementation. You can also take a stand that the scheme is doing well, provided you are able to justify it.
Conclusion – mention the way forward and bringing in reforms soon to address the problem.