Who does Lencho think has taken the rest of the money? What is the irony in the situation? [Remember that the irony of a situation is an unexpected aspect of it. An ironic situation is strange or amusing because it is the opposite of what is expected.]

The immediate challenge is on the food front. Shortfalls in production have been allowed to affect supplies and hence prices. The Government is planning to focus on investment in irrigation and even revival of agricultural extension system. What is probably needed is a fresh dose of Green Revolution strategy. It appears that the Green Revolution instruments to encourage farmers to invest are no longer effective. The Green Revolution strategy was based on the state taking out the risk of collapse in prices. Farmers were offered remunerative prices and a guaranteed procurement of their produce in case the open market could not absorb it Farmers could then borrow from banks, acquire the Green Revolution Technology and produce as much as they could. The pressure on the food subsidy was manageable as long as there was a food shortage. Prices in the open market then tended to be above the procurement prices. But with the food surpluses the situation has changed. The situation was unsustainable not merely because of the magnitude of this subsidy. It was also inefficient. It meant farmers were being led to produce crops based just on the prices Government fixed and not in relation to any real demand. In these circumstances, the Government was reluctant to keep increasing procurement prices at the pace that used to be the norm in earlier years. The Government is planning to make crucial changes in the Green Revolution strategies.

The immediate challenge is on the food front. Shortfalls in production have been allowed to affect supplies and hence prices. The Government is planning to focus on investment in irrigation and even revival of agricultural extension system. What is probably needed is a fresh dose of Green Revolution strategy. It appears that the Green Revolution instruments to encourage farmers to invest are no longer effective. The Green Revolution strategy was based on the state taking out the risk of collapse in prices. Farmers were offered remunerative prices and a guaranteed procurement of their produce in case the open market could not absorb it Farmers could then borrow from banks, acquire the Green Revolution Technology and produce as much as they could. The pressure on the food subsidy was manageable as long as there was a food shortage. Prices in the open market then tended to be above the procurement prices. But with the food surpluses the situation has changed. The situation was unsustainable not merely because of the magnitude of this subsidy. It was also inefficient. It meant farmers were being led to produce crops based just on the prices Government fixed and not in relation to any real demand. In these circumstances, the Government was reluctant to keep increasing procurement prices at the pace that used to be the norm in earlier years. The Government is no longer in a position to provide subsidy to farmers.

The immediate challenge is on the food front. Shortfalls in production have been allowed to affect supplies and hence prices. The Government is planning to focus on investment in irrigation and even revival of agricultural extension system. What is probably needed is a fresh dose of Green Revolution strategy. It appears that the Green Revolution instruments to encourage farmers to invest are no longer effective. The Green Revolution strategy was based on the state taking out the risk of collapse in prices. Farmers were offered remunerative prices and a guaranteed procurement of their produce in case the open market could not absorb it Farmers could then borrow from banks, acquire the Green Revolution Technology and produce as much as they could. The pressure on the food subsidy was manageable as long as there was a food shortage. Prices in the open market then tended to be above the procurement prices. But with the food surpluses the situation has changed. The situation was unsustainable not merely because of the magnitude of this subsidy. It was also inefficient. It meant farmers were being led to produce crops based just on the prices Government fixed and not in relation to any real demand. In these circumstances, the Government was reluctant to keep increasing procurement prices at the pace that used to be the norm in earlier years. Demand is much higher than the quantity of crops produced by the farmers

An important project at AMB consultants is running behind schedule by a month. This has upset their clients and might affect the reputation of the company in the long run. No managerial action like assigning more workers, equipment or giving overtime has been able to solve the problem. What managerial action may now be taken by the company to avoid such a situation from arising in the future A. Revise the schedule, B. Assigning additional workers and equipment to the project, C. Get permission for further overtime work, D. Both B&C.