The correct option is 2 and 3 only
Explanation
The Green Revolution refers to a period of significant agricultural transformation in India, primarily from the mid-1960s, characterized by the adoption of high-yielding varieties (HYVs) of wheat and rice, along with improved irrigation facilities, fertilizers, and pesticides. This initiative aimed to increase food grain production and achieve food security.
Statement-wise Analysis
- Statement 1: It failed to help India achieve self-sufficiency in food grains.
Incorrect. The Green Revolution was instrumental in making India self-sufficient in food grains. Before the Green Revolution, India faced severe food shortages and relied heavily on imports. The introduction of HYVs, particularly of wheat and rice, led to a substantial increase in production, enabling India to achieve self-sufficiency and even become a net exporter of food grains in subsequent decades. - Statement 2: It resulted in the price of food grains declining relative to other items of consumption.
Correct. The significant increase in food grain production due to the Green Revolution led to an improved supply. According to basic economic principles, an increase in supply, assuming demand remains relatively stable or increases at a slower rate, tends to reduce prices. Consequently, the prices of food grains declined relative to other commodities, making food more affordable for the general population. - Statement 3: It enabled the government to procure sufficient food grains to build a stock.
Correct. The surplus production generated by the Green Revolution allowed the government to procure large quantities of food grains. This procurement was crucial for building buffer stocks, which are essential for ensuring food security, stabilizing prices, and distributing food through public distribution systems (PDS) during times of scarcity or natural calamities.
Key Takeaway
The Green Revolution significantly increased India's food grain production, leading to self-sufficiency, a relative decline in food grain prices, and the establishment of government buffer stocks.