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Progress and Performance of Regulated Agricultural Markets in Punjab

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Gurpreet Singh* and Mini Goyal

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Abstract

The Indian Journal of Economics and Development (2019) 15(1), 98-104
DOI: 10.5958/2322-0430.2019.00011.8
Indexed in Clarivate Analytics (ESCI)

Gurpreet Singh* and Mini Goyal
Department of Economics and Sociology, Punjab Agricultural University-Ludhiana-141004
*Corresponding author’s email: gurpreet-aes@pau.edu

ABSTRACT
The regulated agricultural markets are considered as responsible institutions in discharging all the functions connected with the sale of the output. Keeping in view, the overall interests of the farming community and the ultimate consumers, it aims at the growth of agriculture, improvement in the living standard of farmers and labour through the efficient marketing system. Punjab state accounts for about six per cent of the total regulated markets in the country. During 2016-17, Punjab had 435 regulated markets including 282 sub-yards. Sangrur district had the highest number of regulated markets in it. On average, there were 81 village sand about 329 sq km area served per regulated agricultural market in the state. Market arrival of paddy crop was greater than any other crop in 2016-17. The market fee collected from paddy was highest and was less from the cotton crop in 2016-17. Punjab is short of regulated markets as about 200 additional markets are required against 50362 sq km of its geographical area.
Keywords
Market arrival, market fee, regulated markets