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The use of high yield seeds has resulted in a substantial increase in agricultural products that has helped our country to become self - sufficient in terms of the availability of food items.
The Green Revolution has helped to increase all farmers financial status by the production of craft through the use of HYV seeds, fertilizers, pesticides and improved and implementation of modern cultivation techniques.
But there are some drawbacks in the Green Revolution, it required a lot of water for farming it leads to decreases the ground water levels, which shows unequal benefits derived from farmers from different regions of our country. And using higher quantity of pesticides for better productivity also leads to the soil contamination.
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Credit control is an important tool of the monetary policy used by Reserve Bank of India (central bank) to control the demand and supply of money and flow of credit in an economy. RBI keeps control over the credit created by commercial banks.
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Avinsh Kumar 4 years, 7 months ago
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