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Issue:

Business

 

Written by:

Pamela R

 

Date added:

August 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1355

 

Was viewed:

8063 times

 

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Essay content:

The causes include remnants of scarcity-era regulation and an agricultural system based on small, inefficient landholdings. The agricultural system has traditionally been unfair to primary producers. Soybeans, for example, are an important oilseed crop that has been exempted from India’s Small Scale Industries Act to allow for processing in large, modern facilities...
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Yet 90% of the soybean crop is sold by farmers with small holdings to traders, who act as purchasing agents for buyers at a local, government-mandated marketplace, called a mandi. Farmers have only an approximate idea of price trends and have to accept the price offered them at auctions on the day that they bring their grain to the mandi...
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