Glossary

Green Revolution

It is a program under which HYV varieties of wheat and rice seedlings are planted in the  fields of poor farmers.

Rationing

The term describes the allocation of scarce resources by the government. Limits how much      people can consume or purchase at a certain time.

Wheat Revolution

It was a special stamp released in July 1968 by Indira Gandhi, the Prime Minister of India,  to officially record the impressive achievement of the Green Revolution. 

Hunger

Hunger is both a cause and effect of poverty and indicates food insecurity. 

Calamity

A terrible event that causes a lot of damage or harm.

Minimum Support Price

The MSP is the rate at which the government purchases crops from farmers, and is based on a calculation of at least one-and-a-half times the cost of production incurred by the farmers . MSP is a “minimum price” for any crop that the government considers as remunerative for farmers and hence deserving of “support”

Issue Price

In order to help the poor strata of the society, the government provides them food grains from the buffer stock at a price much lower than the market price . This subsidized price is known as the Issue Price.

Fair price shop

The Ration Shops are called Fair Price Shops because food grains are supplied to the poor through these shops at a much more reasonable and fair price than the market price which is often high . Any family with a ration card can purchase a stipulated amount of food grains, sugar, kerosene, etc.

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.