3. Reviving the Farm Income Insurance Scheme could be the best tool for marginal farmers to fight falling prices of agricultural products in an increasingly globalized marketplace. Explain.

Approach:

♤ Briefly introduce the issue of falling prices in an increasingly globalised marketplace and its effect on marginal farmers.

♤ Explain Farm Income insurance scheme and how it could be the best tool for marginal farmers to fight falling prices.

♤ One can compare the scheme with present National Crop Insurance Programme and write about the issues in it.