UGC Approved Journal no 63975(19)

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Published in:

Volume 5 Issue 6
June-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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JETIR1806839


Registration ID:
300888

Page Number

315-326

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Title

Agricultural Price Policy in India - An Overview

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Abstract

Abstract The government has formulated a price policy for agricultural produce that aims at securing remunerative prices to farmers to encourage them to invest more in agricultural production. The government announces minimum support prices for major agricultural products every year on the recommendations of the Commission for Agricultural Costs and Prices (CACP). The initial price policy at the dawn of Independence was, to a large extent, based on the plethora of controls exercised during the Second World War. It included rigid controls on movement of crops from one State to the other, procurement of food grains through a compulsory levy on producers and millers, open market purchases, and rationing in practically all the States. Following the recommendation of the Food grains Policy Committee of 1947 for progressive decontrol, restrictions were relaxed. However, a food crisis appeared in 1948 and food prices rose substantially. Accordingly, controls were introduced.

Key Words

Economic policy in agriculture is very important in India because Indian economy is depends on agriculture. Agricultural pricing policy increase Agricultural products.

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"Agricultural Price Policy in India - An Overview", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 6, page no.315-326, June-2018, Available :http://www.jetir.org/papers/JETIR1806839.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Agricultural Price Policy in India - An Overview", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 6, page no. pp315-326, June-2018, Available at : http://www.jetir.org/papers/JETIR1806839.pdf

Publication Details

Published Paper ID: JETIR1806839
Registration ID: 300888
Published In: Volume 5 | Issue 6 | Year June-2018
DOI (Digital Object Identifier):
Page No: 315-326
Country: Davangere District, Karnataka, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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