price policies mainly benefits to which Farmers
large farmers
Answers
Answer:
Motives (advantages)
To secure the interests of the farmers as also the need of self reliance, government has been announcing the minimum support price for 24 major crops. The main objectives f the MSP are:
I. To prevent fall in the price in the situation of over production.
II. To protect the interests of the farmers by ensuring them a minimum price for their crops in the situation of a price fall in the market.
III. To meet the domestic consumption requirement
IV. To provide price stability in the agricultural product
V. To ensure reasonable relationship between prices of agricultural commodities and manufactured goods
VI. To remove price difference between two regions or the whole country.
VII. To increase the production and exports of agricultural produce.
VIII. To provide raw material to the different industries at reasonable prices in the whole country
It is a policy to regulate, determine, and manage values|the costs of agricultural merchandise.
- the target is to confirm sensible prices for products to stimulate enhanced investment and production.
- Also, to shield the interests of customers by making certain food provides are offered at affordable costs.
- The incentive to extend Production: Agricultural price policy has been providing necessary incentives to the farmers for raising their agricultural output through modernization of the sector.
- The minimum support price is set effectively by the govt which can safeguard the interest of the farmers.
- They conjointly contend against each other for the finite amount of farmland, bidding up its price.
- during this approach, the worth of the worth supports is capitalized (incorporated) into land costs.
- Thus, it's the house owners of farmland, Associate in nursing, not farmers per se, who are the principal beneficiaries of agricultural price supports.
- an Agricultural value Policy in India aims to confirm sensible prices for merchandise to stimulate enhanced investment and production and defend consumers' interests by making certain food provides offered at affordable costs.
Different kinds of evaluation Policies followed by firms are
- Geographical Pricing
- value Discounts and Allowances
- Competitive Bidding in Competitive Markets as a Strategy.
These are the four basic methods, and variations that are utilized in the industry. excluding the four basic evaluation strategies
- premium,
- skimming,
- economy or
- price and penetration.
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