According to the Swaminathan Commission's recommendations, what does the C2+50% formula refer to in the context of agriculture?
1
The minimum support price for crops should be at least 50% higher than the cost of cultivation.
2
Farmers should receive a 50% subsidy on the purchase of agricultural inputs.
3
The government should provide a 50% rebate on agricultural loans to farmers.
4
Agricultural exports should be taxed at a rate 50% lower than the standard tax rate.