What is the role of government in agricultural marketing?

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What is the role of government in agricultural marketing?

They encourage the farmers to produce high-quality fruits and vegetables by providing them not only seeds and other materials but also guarantee procurement of the product at pre-decided prices. This type of arrangements reduces price risk for farmers and increase farm product in the market.

Who regulates the markets in agricultural products in India?

Agricultural Produce Market Committee
Presently, markets in agricultural products are regulated under the Agricultural Produce Market Committee (APMC) Act enacted by State Governments. There are about 2477 principal regulated markets based on geography (the APMCs) and 4843 sub-market yards regulated by the respective APMCs in India.

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What is the role of government in agricultural marketing in India?

After Independence, the Government of India adopted a number of measures to improve the system of agricultural marketing, the important ones being establishment of regulated markets, construction of warehouses, provision for grading and standardisation of produce, standardisation of weights and measures, daily …

What are the Arrangement of Agricultural Marketing in India?

Most of the agricultural products in India are sold by farmers in the private sector to moneylenders (to whom the farmer may be indebted) or to village traders. Products are sold in various ways. For example, it might be sold at a weekly village market in the farmer’s village or in a neighboring village.

How does the government help farmers in the development of agriculture in India?

Pradhan Mantri Krishi Sinchai Yojana will give a boost to productivity by ensuring irrigation facilities. The Vision is to ensure access to some means of protective Irrigation to all agricultural farms. Paramparagat Krishi Vikas Yojana has been launched to motivate groups of farmers to take up organic farming.

Who regulates the markets in agricultural products in India Mcq?

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Agriculture markets are regulated by Agricultural Produce Market Committees (APMC) enacted by States APMC Acts .

What is regulated market in India?

Regulated market is wholesale market where buying and selling is regulated and controlled by the state government through the market committee. It aims at the elimination of unhealthy and unscrupulous practices reducing marketing charges and providing facilities to producers and sellers in the market.

How does the government intervene in markets to control prices?

The government tries to combat market inequities through regulation, taxation, and subsidies. Governments may also intervene in markets to promote general economic fairness. Examples of this include breaking up monopolies and regulating negative externalities like pollution.

What is agricultural marketing India?

Agricultural marketing is mainly the buying and selling of agricultural products. Most of the agricultural products in India are sold by farmers in the private sector to moneylenders (to whom the farmer may be indebted) or to village traders. Products are sold in various ways.

How can we improve the Agricultural Marketing in India?

Improvement of the agricultural marketing in India is utmost need of the hour. The following are some of the measures to be followed for improving the existing system of agricultural marketing in the country: (i) Establishment of regulated markets. (ii) Establishment of co-operative marketing societies.

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What is the value of the agriculture industry in India?

The agriculture industry in India reached a value of INR 49,997 Billion in 2018. The market value is further expected to reach INR 99,927 Billion by 2024, exhibiting a CAGR of 11.8\% during 2019-2024.

How do farmers in India dispose of their agricultural produce?

In India more than 50 per cent of the agricultural produce are sold in these village markets in the absence of organized markets. 2. Sale in Markets: The second method of disposing surplus of the Indian farmers is to sell their produce in the weekly village markets popularly known as ‘hat’ or in annual fairs.

What is the growth rate of GVA in the agricultural sector?

The growth rate of GVA in the agricultural sector has decreased to about two percent in fiscal year 2018 from about five percent in fiscal year 2017. Production of cereals is one of the primary contributions of the agricultural sector to India.