Question

discuss any five defects of economic policy​

Answer 1

Explanation:

answer

\huge{1. Lack \: of \: Output \: Quality:}1.LackofOutputQuality:

Prima facie, the quality of produce is low due to a number of fac­tors:

(i) Poor quality of seeds,

(ii) Primitive meth­ods of cultivation,

(iii) Lack of pest and disease control measures,

(iv) Dependence on erratic monsoon (drought or flood),

(v) Lack of adequate storage facilities to protect the crop from rains and rats,

(vi) Deliberate adulteration and dumping and so on.

\huge {2. Absence \: of \: Grading}2.AbsenceofGrading

a general rule, there is hardly any grading of the commodities to be marketed. Therefore, the purchaser has little, if any, confidence in the quality of the product(s). Of course, the British Government passed the Ag­ricultural Produce (Grading and Marketing) Act in 1937 to solve this problem. But nothing really has happened. As per the Act, licenses are issued on a selective basis to reliable merchants, under the supervision and control of the Government staff. The graded commodities are subsequently passed on to the market under the label of “AGMARK”.

\huge{3. Inadequate \: Storage \: and \: Warehousing \: Facilities:}3.InadequateStorageandWarehousingFacilities:

The average Indian fanner does not have .adequate storage facilities. Moreover, there is no satisfactory warehousing facilities in the market. For these two reasons the farmer has to sell his produce immediately after the harvest. He cannot wait to obtain better prices in the future. More­over, due to lack of storage facilities, farmers are unable to obtain loans from co-operative market­ing societies or even commercial banks against the security of the stored output.

\huge{4. Lack \: of \: Adequate \: Transport Facilities:}4.

Answer 2

Answer:

Hello.

Explanation:

Good Morning...