current affairs magazine

 

mahindra current affairs magazine Published this article Openended procurement FCI has to procure a large amount of grain from market due to increasing commitment of government and has become a buyer of last resort. For instance in 201617 Government ended up procuring more than 30% of the marketable surplus of wheat. mahendra current affairs magazine subscription 2. Procurement Prices have become Support Prices Procurement prices which were kept for maintaining the buffer stock has virtually become the prices for purchasing whatever amount the farmer offers for sale. Consequently in times of scarcity farmers dont get the benefits and in case of excess production markets are not able to function optimally so as to restore the balance between demand and supply 

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