Question

Explain the three methods used by most of the Indian farmers to sell their surplus produce​

Answer 1

Answer:

Explanation:

Grain farmers can sell at harvest or store their crops for later sale. Commodity futures markets, options, and cash contracts give crop and livestock producers the opportunity to price before delivery. Some farmers also have an option of selling to different buyers at different market locations.

India's antiquated Agriculture Produce Marketing Committee (APMC) Act requires all farmers to sell their produce at the wholesale markets in most of the country's 29 states. The act was aimed at protecting farmers from exploitation by institutional buyers such as big trading houses, large retailers and food processors.