FOOD WASTE REDUCTION AND SUSTAINABILITY
SUSTAINABLE FOOD PRODUCTION AND PROCESSING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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want to donate the surplus to LDCs
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they don’t do that because we are a free market system
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The government plays no role in agricutlure
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to compensate for overproduction to prevent inflation
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Detailed explanation-1: -The Price Support Policy of the Government is directed at providing insurance to agricultural producers against any sharp fall in farm prices. The minimum guaranteed prices are fixed to set a floor below which market prices cannot fall.
Detailed explanation-2: -Agricultural subsidy means the benefit given to the farmers for using new and advanced technologies and producing more food grains. They provide an incentive for adoption of new technology by the farmers specially the small farmers. It assures farmer against the risk of new technology.
Detailed explanation-3: -It Stimulate agricultural production. Compensate for high costs of transport from port or factory to farms that raise costs of inputs. Improve soil quality and combat soil degradation (in the case of fertilizer).