Which of the following is are lsquo state intervention s rsquo in the field of agricultural marketin...........

Economic Affairs Others

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Which of the following is/are ‘state intervention(s)’ in the field of agricultural marketing?

Provision of physical Infrastructure
Cooperative marketing for realizing fair prices for farmers’ products
Assurance of minimum support prices (MSP)
Maintenance of food buffer stocks by Food Corporation of India (FCI)

Select the correct answer using the codes below.

2 and 4 only

3 and 4 only

1 and 2 only

1, 2, 3 and 4

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Explanation:

Statement 1: Government has been providing physical infrastructure in form of roads, railways, warehouses, godowns, cold storages and processing units to improve agricultural marketing. So, 1 is correct.

Statement 2: The government has been promoting cooperative marketing, for e.g. the year 2014 was declared by the year of Farmer Produce Organizations (FPOs) by the Planning Commission.

Statement 3: MSP incentivizes the farmers to adjust their crop output and reduces chances of shortage of food grains in the market. So, 3 is also correct.

Statement 4: Offloading food buffer stocks helps n fighting short-term supply shortages of food grains in markets and tackling inflation. So, 4 is correct.