Economy, asked by narulaa92, 7 months ago

causes of bumper production​

Answers

Answered by Anonymous
19

Explanation:

The agricultural ministry estimates that 273 million tonnes and vegetables will be produced this year, but it is unlikely that either the farmers or the consumers will benefit. Only middlemen stand to gain since the Agriculture Produce Marketing Committee laws bar farmers from selling their produce directly in local markets. They can sell only through commission agents.

The agricultural ministry estimates that 273 million tonnes and vegetables will be produced this year, but it is unlikely that either the farmers or the consumers will benefit. Only middlemen stand to gain since the Agriculture Produce Marketing Committee laws bar farmers from selling their produce directly in local markets. They can sell only through commission agents.The Reserve Bank of India has already sounded an ominous warning, stating that the crisis could spread further with the market price of pulses hovering well below the minimum support price (MSP).

The agricultural ministry estimates that 273 million tonnes and vegetables will be produced this year, but it is unlikely that either the farmers or the consumers will benefit. Only middlemen stand to gain since the Agriculture Produce Marketing Committee laws bar farmers from selling their produce directly in local markets. They can sell only through commission agents.The Reserve Bank of India has already sounded an ominous warning, stating that the crisis could spread further with the market price of pulses hovering well below the minimum support price (MSP).Further, the horticulture sector is not even covered by the MSP system, leaving a vast majority of farmers vulnerable. The Centre’s price mechanism covers only 14 of the 51 major crops. It includes staple food items such as wheat, rice and cereals but not vegetables.

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