Regulation of Agricultural prices is not only desirable but also neccessary.Explain??
Dear student,
Regulation of agricultural prices is not just desirable but also necessary both from the point of view of the consumers as well as farmers.
Agricultural commodities such as food grains are essential commodities. In this regard they must be affordable by all. So, it is necessary that the prices of agricultural commodities are regulated and distributed through the public distribution system.
On the other hand, it is also desirable from the point of farmers. Regulation of prices by the government ensures that the farmers that the farmers get a fair price for their produce.
Regulation of agricultural prices is not just desirable but also necessary both from the point of view of the consumers as well as farmers.
Agricultural commodities such as food grains are essential commodities. In this regard they must be affordable by all. So, it is necessary that the prices of agricultural commodities are regulated and distributed through the public distribution system.
On the other hand, it is also desirable from the point of farmers. Regulation of prices by the government ensures that the farmers that the farmers get a fair price for their produce.