What were the various initiatives taken by the state in order to improve the agricultural market system of the country?
Answer & explanation
Correct answer: option 4
Various measures that were initiated to improve the marketing aspect of agricultural produce included:
- Regulation of markets to create orderly and transparent marketing conditions.
- Provision of physical infrastructure facilities like roads, railways, warehouses, godowns, cold storages and processing units.
- Cooperative marketing for realising fair prices for farmers’ products.
- Various policies like (i) assurance of minimum support prices (MSP) for agricultural products (ii) maintenance of buffer stocks of wheat and rice by Food Corporation of India and (iii) distribution of food grains and sugar through PDS