A large share of agricultural products in India is handled by the private sector. What does NCERT conclude from this?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → The need for government intervention is imminent
When a large share of farm products is handled by private traders, farmers can be exploited. So the need for government intervention is imminent. Some scholars argue for less intervention, but that is their view, not this conclusion.
NCERT (2026-27): “5.4 Agricultural Market System … However, despite government intervention, private trade (by moneylenders, rural political elites, big merchants and rich farmers) predominates agricultural markets. The need for government intervention is imminent particularly when a large share of agricultural products, is handled by the private sector. Agricultural marketing has come a long way with the intervention of the government in various forms. Some scholars argue that commercialisation of agriculture offers tremendous scope for farmers to earn higher incomes provided the government intervention is restricted. …” |