A Study on Government Intervention in Agricultural Market: Boon or Burden
Author : Mythili V and Dr. MD Chinnu
Abstract :
Government intervention in the agricultural market plays a crucial role in shaping food security and rural livelihoods. Policies such as subsidies, minimum support prices (MSP), and import-export regulations are designed to protect farmers from market uncertainties. These interventions ensure price stability, encourage production, and safeguard consumers against inflation. On the positive side, government support helps small and marginal farmers survive in competitive markets. It also promotes technological advancement and investment in the agricultural sector.
Keywords :
Government intervention, Agricultural market, Minimum Support Price (MSP), Subsidies, Price regulation, Market efficiency.