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Abstract:
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For improving agricultural marketing, which has
been discussed in the previous chapter, the Government has
intervened in different ways. The direct regulatory role
through the regulation of markets and market practices is one
of the ways in which governmental intervention can improve
agricultural marketing. This study is an enquiry of the direct
regulatory role of the government through regulation of markets
and market practices. By restructuring the operational methods
and redesigning the existing physical markets, this system
gives direct benefit to the cultivating class and protects
them from the market manipulations of organised and powerful
private traders. If traders do not continue their trade for
the time being they will not be affected financially, because
they are resourceful or financially solvent. On the other
hand, Cultivators must sell their produce immediately after
harvesting for the lack of additional facilities or to satisfy
other needs for which finance is required. Another important
reason is that Cultivators/farmers are not organised and because of lack of their organisation, they sell their produces
individually. In this situation, a farmer is helpless when
astute traders indulge in manipulations at the time of purchase of the produces. So it is the government's obligation to protect the interest of the farmers. Protection of the farmer/cultivator is necessary not only from the point of social justice but also from that of economic growth. If the farmers are assured of a remunerative or incentive price for their produce, they will get the inspiration to produce more and through more production, economy will be developed and
the nation as a whole will be benefitted.
This study will examine the management system of the
markets through the direct regulatory role played by the
governments to control markets and market practices in West
Bengal and Bangladesh. |