ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The National Institute of Agricultural Marketing (NIAM) is a premier national level organization set up by the Government of India (GoI) on August 8, 1988 at Jaipur, Rajasthan to heighten the agricultural marketing system in India.

Detailed explanation-2: -FCI’s Objectives are: To provide farmers remunerative prices. To make food grains available at reasonable prices, particularly to vulnerable section of the society. To maintain buffer stocks as measure of Food Security.

Detailed explanation-3: -The Directorate of Marketing and Inspection (DMI) is an attached Office of the Ministry of Agriculture. It was set up in the year 1935 to implement the agricultural marketing policies and programmes of the Central Government.

Detailed explanation-4: -FCI, the nodal central agency of Government of India, along with other State Agencies undertakes procurement of wheat and paddy under price support scheme . Coarse grains are procured by State Government Agencies for Central Pool as per the direction issued by Government of India on time to time.

Detailed explanation-5: -In India, there are several central government organisations, who are involved in agricultural marketing like, Commission of Agricultural Costs and Prices, Food Corporation of India, Cotton Corporation of India, Jute Corporation of India, etc.