Application of ICT for Efficient and Transparent Price Discovery: an Analysis of e-Tendering of Agricultural Commodities in Karnataka
Indian Agricultural Research Journals
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Title |
Application of ICT for Efficient and Transparent Price Discovery: an Analysis of e-Tendering of Agricultural Commodities in Karnataka
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Creator |
Shalendra, P
Sharma, Purushottam Gummagolmath, K C |
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Description |
State Governments have taken a number of initiatives from time to time,ranging from regulations to reforms in agricultural marketing, to ensuretransparent and efficient price discovery mechanisms in agricultural wholesalemarkets. Introduction of electronic tender system in wholesale markets, by theState Government of Karnataka is one such initiative aimed at bringing intransparency in the transaction process and eliminating various malpracticesassociated with the conventional method of transactions at APMCs. The impactof the initiative mainly on prices and arrivals of agricultural commodities hasbeen analyzed and presented in the present paper. The analysis reveals positiveimpact of electronic tender on arrivals, prices and has helped in scientificdiscovery of prices. The system may be utilized effectively in enhancing tradecompetitiveness by integrating different markets across the state. The systemmay also facilitate the integration of concepts like warehousing, grading,electronic payment, electronic weighment, packaging, branding, pledgefinancing, etc. Grade based electronic tender may also help in achieving thegoal of having a Single Integrated Market.
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Publisher |
National Institute of Agricultural Extension Management (MANAGE)
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Date |
2019-05-17
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
https://epubs.icar.org.in/index.php/JAEM/article/view/89885
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Source |
Journal of Agricultural Extension Management; Vol. 14 No. 2 (2013); 33-42
0976-3120 |
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Language |
eng
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Relation |
https://epubs.icar.org.in/index.php/JAEM/article/view/89885/36693
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Rights |
Copyright (c) 2019 MANAGE
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