 Marketing System and Agricultural Development in PunjabM. S. Sidhu ()
Chapter Chapter 7 in Economic Transformation of a Developing Economy, 2016, pp 141-164 from Springer Abstract: Abstract This chapter examines the output disposal and its impact on agriculture development of Punjab. An important feature of the output market is that the storage capacity for the food grains, both covered and open, was 234 lakh tonnes in the year 2013–14. It also provides evidence regarding how the regulated market assigned a special role to commission agents as intermediaries. These agents are often involved in the money lending business, and trap the farmers in this interlinkage to extract farmers’ surplus. These commission agents are thriving because the APMC Act of 1961 prohibits direct sale of food grains. However, it is also pointed out the lack of modern food grain storage facilities as a contributory factor in this situation. It is suggested that the government should develop, perhaps through public–private partnerships, new safe storage capacity (such as silos), so that wastage of food grains can be prevented in the future. Keywords: Marketing system; Agriculture development; Commission agents; Food grain storage; Punjab economy (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:isbchp:978-981-10-0197-0_7 Ordering information: This item can be ordered from DOI: 10.1007/978-981-10-0197-0_7 Access Statistics for this chapter More chapters in India Studies in Business and Economics from Springer |
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