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Journal of Pharmacognosy and Phytochemistry

Journal of Pharmacognosy and Phytochemistry

Vol. 9, Special Issue 5 (2020)

Growth and development of regulated markets in Gujarat

Author(s):

Bhatt JD, Khunt KA, Shiyani RL and Thaker NM

Abstract:
The agricultural marketing is important component for inclusive agriculture development to deliver agricultural products directly from the farmers to the consumers. In India, agricultural marketing is being promoted through agricultural price monitoring committee (APMC Act). Gujarat is one of the leading states that have implemented this APMC Act since 2003 (Economic survey of India, 2012).
Marketing and trade, as an activity comes at latter part of the value chain for any commodity and yet it is the most important determinant for all other activities. In this line, creation and development of a network of regulated markets across the county has been the most important strategy of the Government of India since independence to ensure remunerative price to farmers and reasonable price for consumers by creating conducive market environment for fair play of demand and supply forces. In this connection, the present study on growth and development of regulated markets in Gujarat was undertaken. The study was undertaken using secondary sources. The necessary national and state wise data on growth and development, were compiled from various issues of annual reports of State Agricultural Marketing Board, AGMARKNET, eNAM and other publications of Government. Compound growth rate and simple tabular method was used to study growth and development. This results clearly demonstrates that the trend in growth and development of regulated markets in the state is not uniform but always almost positive.

Pages: 438-444  |  785 Views  314 Downloads

How to cite this article:
Bhatt JD, Khunt KA, Shiyani RL and Thaker NM. Growth and development of regulated markets in Gujarat. J Pharmacogn Phytochem 2020;9(5S):438-444.

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