The role of government subsidies and support in enhancing domestic savings among farmers

Abstract

This review paper examines the role of government subsidies and support mechanisms in enhancing domestic savings among farmers, focusing on the Indian context. By analyzing various forms of government intervention, including input subsidies, crop insurance, minimum support prices, agricultural credit, and direct benefit transfers, the paper aims to elucidate how these policies contribute to the financial stability and savings capacity of farmers. The review synthesizes findings from a wide range of studies, offering insights into the effectiveness of these measures and proposing recommendations for improving their impact on farmers' savings behavior.