It provides a comprehensive assessment of the ten-year prospects for agricultural commodities (Including fish) and their markets at national, regional, and global levels.
Global Market Trends (2024) according to the report
- Biofuels: Its demand is projected to grow at 0.9% annually, led by India, Brazil and Indonesia.
- Cotton: Global use increased; India is set to overtake China as the top producer.
In this backdrop, India’s agricultural marketing system plays a crucial role in ensuring that farm produce reaches consumers efficiently.
Agriculture Marketing in India
- It encompasses all activities and organizations engaged in the flow of farm-produced goods, raw materials, and derivatives, such as textiles, from farms to customers.
Issues pertaining to Agriculture Markets in India
- Weak Infrastructure: Inadequate cold storage and transport lead to ₹92,000 crore in post-harvest losses (according to Central Institute of Post-Harvest Engineering & Technology).
- Lack of a National Integrated Market: Agricultural Produce Market Committee markets are fragmented.
- Agriculture marketing falls under state list and is regulated by APMCs established by state governments under the respective APMC Acts.
- Limited market access: Small farmers in remote and rural areas lack access to markets or are dependent on local traders who offer low prices.
Steps taken by govt to improve Agri-Marketing
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