What is marketable surplus? | Learn NCERT solution | Education portal Class 11 Indian Economic Development | Study online Unit-2 Indian Economy 1950-1990
Marketable surplus refers to the difference between the total output produced by a farmer and his on-farm consumption.Or, we can say, the portion of agricultural produce which is sold in the market by the farmers is called marketable surplus.
Marketable surplus = Total farm output produced by farmer – Own consumption of farm output.
