Determination of administered prices of foodgrains in India

dc.creatorSarma, J. S.
dc.date1988
dc.date2024-11-21T09:53:39Z
dc.date2024-11-21T09:53:39Z
dc.date.accessioned2026-06-27T15:27:08Z
dc.descriptionAgricultural 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.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/161128
dc.identifier.urihttp://hdl.handle.net/123456789/104802
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.rightsOpen Access
dc.sourceSarma, 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
dc.subjectfood prices
dc.subjectdeveloping countries
dc.subjectagricultural prices
dc.titleDetermination of administered prices of foodgrains in India
dc.typeBook Chapter

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