Question

Sugar industry is seasonal in nature so,it is ideally suited to cooperative sector .why?

Answer 1

The sugar industry is seasonal in nature and so ideally suited to the cooperative sector. For the entire year the farmers are engaged in producing sugarcane as it is an annual crop. When the crop is reaped, ten farmers pool together their resources, set up mills within the sugar cane producing areas and produce sugar. The seasonal nature of the sugar industry is combated by setting up cooperative where farmers share the profit and losses.

Answer 2

Answer:

Sugarcane industry is seasonal in nature. It means that it employs people for only few months in a year. It is suited to co-operative sector as sometimes both the farmers and the owners of the sugarcane mill may work together with each other to benifit one another.