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Specify the kind of incentives that you would put in place to reward farmers for lower...

Specify the kind of incentives that you would put in place to reward farmers for lower water in potatoes and also reducing the electricity bills (lower carbon footprint). Please provide at least three incentives that can provide by company and explain it accordingly.

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Answer #1

The following incentives can be given:

A.FINANCIAL REWARD: First one which directly affects and inspire is monetary benefits or say rewards based on their efficiency level. Also a Minimum Selling Price shall be offered to them for their produce.

B. TECHNICAL HELP: Secondly we can provide them more technical assistance with modern equipments facilities free of cost.

C. SOCIAL RECOGNITION: Lastly, important rewards is through their appreciation in a social event with certifications & shields, which is nothing in monetary terms but give moral boost for betterment in their work.

All the three types of rewards have equal importance.

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