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Reduce the taxes levied on producers - This causes a reduction in the cost of production hence motivating producers to increase production.
Increase subsidies - The government meets part of the production cost hence making production more affordable.
Eliminating quotas on production - By not limiting the quantity of goods to be produced, the producers are free to supply as much as they can to the market.
Setting favourable producer prices - The government fixes the prices at a high level which encourages emergence of new producers/ expansion of existing ones.
Improving access to credit - The government extends loans to producers through bodies like K.I.E., IDB and ICDC to boost investment in production.
Facilitating marketing - The government may form agencies that buy produce to cushion producers and stabilize selling prices e.g. through NCPB
Availing new research ?ndings and technology to producers - New methods of production from government research bodies like KARI
lemass answered the question on January 15, 2019 at 19:39
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