Monday, January 13, 2020

Virtual Fruits Market – An Application for Farmer

Virtual Fruits Market – An Application for Farmer

The role that agriculture should play on economic development has been recognized for years. The adoption of new technologies designed to enhance farm output and income has received particular attention as a means to accelerate economic development. However, output growth is not only determined by technological innovations but also by the efficiency with which available technologies are used. The potential importance of efficiency as a means of fostering production has yielded a substantial number of studies focusing on agriculture. The rising cost of food that has hurt both Indian pockets and politicians’ electoral prospects in the past year is often blamed on a multilayer system of middlemen involved in the distribution of produce from farm to fork. So project is to help farmers. Introduced in the 1960s, these legally-enshrined committees prohibit farmers from dealing directly with buyers and require them to sell to licensed middlemen. So the aim was to give India’s huge farming community a fair and consistent price for their product. But over the years, the system has created several layers of intermediaries, lengthening the supply chain and increasing the opportunity for cartels to form, which in turn drive prices down for farmers and up for consumers. Removing fruits and vegetables from the control of these committees would allow the produce to find its true market value and damp down inflation, according to analysts [7]. India’s poor infrastructure in crop producing regions also enables middlemen to deceive farmers as to the true value of the produce they are selling. Most of the warehouses are near the cities, increasing post-harvest losses through rotting. India is currently the world’s second-largest producer of fruits and vegetables and the post-harvest losses are estimated at nearly 30%. Farmers have little option but to send their produce to urban markets as there are no warehouses close to their fields[6].

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