Topics In Demand
Notification
New

No notification found.

Blog
Price Parity in Agriculture trade in India and Role of Market Galee

October 23, 2018

475

0

India is Second largest agricultural produce in the world. Contributing 16% to overall GDP, India’s agricultural industry stands at roughly 322 Billion Dollar.

Despite,being one of major contributor to GDP, the price parity in agriculture industry is almost nonexistent.

Following reasons were identified as major drivers of price imparity
No transparency on supply and demand
Incomplete and inefficient Broken -and-Farmer network
Invisible buyers and closet seller
Food waste with ineffective selling options

MarketGalee has determined that with high growth rate of mobile user subscription and newer
has created a list of 100 smart cities with 500 additional cities that have potential to be the network of its smart pricing strategy.

In a small survey conducted by MarketGalee in September 2016, on average Tomato prices by state, astonishing results were found (Figure 1). The prices across the states fell on a rather large spectrum with highest price being as much as 600% higher than lowest selling price

It involves some very simple steps
1. One time MarketGalee portal registration
2. Take a picture and post an ad
3. Connect with Farmers, Brokers,Wholesalers
4. Make a deal
5. Cashless transaction
6. Rate each other and build a your network
MarketGalee, it’s simple, It’s Transparent and it’s better

Visit – https://www.marketgalee.com for more information

 


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


© Copyright nasscom. All Rights Reserved.