Why there is no security for the farmers in contract farming?
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The purpose of farm subsidies is to average out these fluctuations. They ensure that during a high-output year, farmers remain in business, so that even during a low-output year, there's still enough food to go around, and year-to-year variations in prices are kept within reasonable limits.
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Answer:
The purpose of farm subsidies is to average out these fluctuations. They ensure that during a high-output year, farmers remain in business, so that even during a low-output year, there's still enough food to go around, and year-to-year variations in prices are kept within reasonable limits.
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