Question

Why is the sugar industry seasonal in nature and hence it needs to ideally suited by the cooperative sector?

Answer 1

Answer:

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. The seasonal nature of the sugar industry is combated by setting up cooperative where farmers share the profit and losses.

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Answer 2

Answer:

(i) The sugar industry is seasonal in nature and so is ideally suited to the cooperative sector.

(ii) For entire year the farmers are engaged in producing sugarcane as it is an annual crop. When the crop is reaped, the farmers pool together their resources, set up mills within the sugarcane producing areas and produce sugar.

(iii) The seasonal nature of the sugar industry is combated by setting up cooperative where farmers share the profits and losses.