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Slide 1: 

ROLE OF GOVERNMENT IN FOOD GRAINS SUPPLY Presented by: Tanusree Roy, Rusha Acharjee, Sumit Das, Md. Anwar Vivek Rajbhar

Slide 2: 

Government introduce the 'New Economic Policy’ & appointed a committee to find out the reaction of those in the agricultural sector in India. The team visited many places including Punjab, the 'bread basket of India' Team asked questions to the farmers weather they like good harvest or crop failure? Majority of the farmers prefer crop failure. The committee observed that the farmers are against the government policy of importing food grains when there is a shortage in the food supply OBSERVATION

Slide 3: 

Government measure in excess supply of food grains. Buffer stock Export Government distributes grains equally. Govt. distributes grains below poverty line.

Government measures in shortage supply of food grains : 

Government measures in shortage supply of food grains Imports food grains Release of Buffer Stock Open Marketing System Legal Action Against Hoarding

Price elasticity : 

Price elasticity Other things remaining constant, the %(age) change in quantity demanded due to 1% change in price.

Slide 6: 

Inelastic Demand Necessary commodities THIS CAN BE REPRESENTED BY A STEEPER DEMAND CURVE. PRICE ELASTICITY OF DEMAND WILL BE LESS THAN ONE.

Relationship between price and agriculture product : 

Relationship between price and agriculture product Necessary commodity Price in-elastic(<1) Steeper in nature

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THE PRICE ELASTICITY OF DEMAND FOR AGRICULTURAL PRODUCT IS RELATIVELY INELASTIC IN NATURE. LARGE CHANGE IN PRICE SAY 8% RISE LEADS TO LESS THAN PROPORTIONATE CHANGE IN DEMAND,SAY 4% FALL IN DEMAND. HERE ONE CAN NOTICE THAT RISE OR FALL % IS MORE THAN CHANGE IN PERCENTAGE OF DEMAND. THIS CAN BE REPRESENTED BY A STEEPER DEMAND CURVE. PRICE ELASTICITY OF DEMAND WILL BE LESS THAN ONE. Relationship between price elasticity and agriculture product

Govt. decision regarding agricultural product on price-elasticity : 

Govt. decision regarding agricultural product on price-elasticity Price should be reasonable Good quality of food grains should be imported Distribution should be equal Agro based industries should be encouraged by government.

Slide 10: 

THANK YOU