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Paperback Some aspects of interaction between industry and agriculture Book

ISBN: 1805451715

ISBN13: 9781805451716

Some aspects of interaction between industry and agriculture

Introduction

The purpose of this dissertation is to examine the economic implications

of some of the price policies that are pursued in many less dev/eloped countries

like India presumably to protect the economically vulnerable sections of the

population from violent price-fluctuations that are often caused by unbridled

operation of market forces. We consider first Government of India's policy of

purchasing food grains from the farmers at a pre-announced, government-administered procurement price and selling them off. through a public distribution

net-work to the urban and semi-urban consumers at a low price, usually called

the ration or issue price. The procurement price also acts as a support price

and is fixed at a remunerative level in order that the farmers are shielded

against market, uncertainties end the government gains command over a sizeable

a portion of the marketable surplus of food grains.


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