Determination of administered prices of foodgrains in India

Agricultural price policies and allied instruments evolved in India in the context of shortages and excess demand during World War II (India 1975). Procurement and distribution of major foodgrains were begun and statutory maximum prices were set, though not strictly enforced. Assurances were given t...

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Main Author: Sarma, J. S.
Format: Book Chapter
Language:Inglés
Published: International Food Policy Research Institute 1988
Subjects:
Online Access:https://hdl.handle.net/10568/161128
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author Sarma, J. S.
author_browse Sarma, J. S.
author_facet Sarma, J. S.
author_sort Sarma, J. S.
collection Repository of Agricultural Research Outputs (CGSpace)
description Agricultural price policies and allied instruments evolved in India in the context of shortages and excess demand during World War II (India 1975). Procurement and distribution of major foodgrains were begun and statutory maximum prices were set, though not strictly enforced. Assurances were given to farmers that the state would purchase foodgrains at fixed prices if market prices fell precipitously; but till 1954 there was no sharp decline in food prices. Minimum prices were announced for wheat, jowar, rice, and maize in 1954-55 when prices started falling sharply (Chopra 1981). The recommendations of the Foodgrain Prices Committee, also known as the Jha Committee, in 1964 provided the foundation for a sound agricultural price policy and a systematic determination of producer prices of major foodgrains and maximum wholesale and retail prices (India 1965a). However, some believe that agricultural price policy in India was more oriented toward consumers' interests, at least until the mid-seventies.
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spelling CGSpace1611282025-04-08T18:26:40Z Determination of administered prices of foodgrains in India Sarma, J. S. food prices developing countries agricultural prices Agricultural price policies and allied instruments evolved in India in the context of shortages and excess demand during World War II (India 1975). Procurement and distribution of major foodgrains were begun and statutory maximum prices were set, though not strictly enforced. Assurances were given to farmers that the state would purchase foodgrains at fixed prices if market prices fell precipitously; but till 1954 there was no sharp decline in food prices. Minimum prices were announced for wheat, jowar, rice, and maize in 1954-55 when prices started falling sharply (Chopra 1981). The recommendations of the Foodgrain Prices Committee, also known as the Jha Committee, in 1964 provided the foundation for a sound agricultural price policy and a systematic determination of producer prices of major foodgrains and maximum wholesale and retail prices (India 1965a). However, some believe that agricultural price policy in India was more oriented toward consumers' interests, at least until the mid-seventies. 1988 2024-11-21T09:53:39Z 2024-11-21T09:53:39Z Book Chapter https://hdl.handle.net/10568/161128 en Open Access application/pdf International Food Policy Research Institute Sarma, J. S. 1988. Determination of administered prices of foodgrains in India. In Agricultural price policy for developing countries. Mellor, John W. and Ahmed, Raisuddin (Eds.) Chapter 9. Pp. 155-168. Baltimore, MD: Published for the International Food Policy Research Institute (IFPRI) by Johns Hopkins University Press. https://hdl.handle.net/10568/161128
spellingShingle food prices
developing countries
agricultural prices
Sarma, J. S.
Determination of administered prices of foodgrains in India
title Determination of administered prices of foodgrains in India
title_full Determination of administered prices of foodgrains in India
title_fullStr Determination of administered prices of foodgrains in India
title_full_unstemmed Determination of administered prices of foodgrains in India
title_short Determination of administered prices of foodgrains in India
title_sort determination of administered prices of foodgrains in india
topic food prices
developing countries
agricultural prices
url https://hdl.handle.net/10568/161128
work_keys_str_mv AT sarmajs determinationofadministeredpricesoffoodgrainsinindia