Answer to Question #263329 in Economics of Enterprise for ankitha

Question

Agriculture Transformation Index  information regarding

1. Definition

2. Sector for which index is created

3. Objective of the index

4. Limitations

Answer 1

Solution:

1.). Agriculture Transformation Index is an indicator that measures the performance of a nation across inputs, sustainability, productivity and diversification, preservation, processing, exports, and farmer's income and welfare.

 

2.). The index is created under the agricultural sector.

 

3.). The objective of the index is to capture the new policy paradigm in agriculture, at the core of which are sustainable intensification and increasing farmers' income and welfare, including enhancing food security.

 

4.). Limitations include income instability, price instability, and government intervention.