Read the following passage and comment on it.
Every year ,the government announces the minimum support price for various crops like paddy and their produce. wheat, taking into consideration the cost of inputs. If no trader willing to buy at higher price, the government agencies I like the food corporation of India (FCI) by the produce. From the farmer at the minimum support price. In this way, government ensure that farmers get at least the minimum price for their produce.
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Explanation:
It is like an yogna(scheme). As you know that condition of our Indian farmers is bad and they don't get the amount of money they deserve. Traders bargain with farmer at get price lower than their expectation.
So government decided to introduce a scheme which would help farmers.
Government would announce minimum price for their crops every year. And traders have to buy for that price only they can't bargain and if they don't wish to buy goverment would buy from them and they get money what they deserve.
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