Choose if the given statement is True/False.

There can be more alternatives to make small producers compete better in global markets.

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True

False

answer is A.

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Detailed Solution

The above statement is True.
The government has already provided many facilities to small producers to help them compete better in the market. It has provided better transportation and infrastructure facilities to easily move commodities and raw materials from one place to another. Better technology, water, power, marketing, and information networks, and timely credit availability at reasonable interest rates. The government should provide subsidies and assistance to domestic producers along with these facilities. The government should promote domestic products and make administrative changes to reduce corruption and lobbying. Thus, the government is the only body that can help small producers better compete in the markets.

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