Fixing Procurement Price for Paddy **

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Abstract

This case is based on a situation in Sri Lanka during 1973 where the government wanted to increase the procurement price of paddy from Rs?18 to Rs?25 per bushel. The questions raised are: 1) Could the increased procurement prices of paddy increase the supply? 2) What would be the impact of the increased procurement price on consumer price of rice? 3) The basis for fixing paddy procurement price.

Additional Information

Product Type Case
Reference No. CMA0333
Title Fixing Procurement Price for Paddy **
Pages 5
Published on Aug 8, 1975
Year of Event 1973
Authors George, P S;
Area Centre for Management in Agriculture (CMA)
Discipline Marketing, Strategic Management
Sector Agriculture and Animal Husbandry, Government
Country Sri Lanka

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