Question

Write short notes on issue price and fair price shop

Answer 1

$\huge \boxed{hey \: mate}$

$\huge \mathfrak \pink{issue \: price}$

The price lower than the market price at

which the food grains are distributed in the areas facing shortage and among the poor section of the society is known as issue price. The FCI purchases foodgrains from the farmers in states with surplus food production and stores it in granaries.

$\huge \mathfrak \red{fair \: price \: shops}$

Ration shops are now present in most localities villages, towns and cities.

Ration shops are also known as fair price shops.

These fair price shops keep stocks of foodgrains, sugar and kerosene oil. Here these items are sold at a price· lower than the market price.