What is it about?
The paper analyses the effect of electronic trading (e-trading) on the wholesale prices of select commodities in agricultural marketplaces to aid agrarian income levels. It explores the speed, transparency, convenience, ubiquity, and ease aspects of the electronic platform.
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Why is it important?
The knowledge base developed in this paper will help researchers reduce the knowledge gap in agricultural pricing.
Perspectives
Post a literature review, the researcher performed a field survey to get the opinions of 371 farmers and traders. The researcher also conducted the descriptive statistical analysis, the difference in differences analysis, and the t-test analysis to show the wholesale price improvement after the e-trading platform implementation. The field survey findings and the statistical analysis suggest an increase in average wholesale prices of select agri-commodities in select markets of India due to the National Agriculture Market (eNAM) e-trading platform effect. The suggestions to practitioners and social policymakers highlight an improvement in the functioning of e-trading in terms of better prices for farmers, lowering transaction costs, increased transaction speed, reduced administrative hurdles, improved infrastructure and eventually higher income for a farmer.
Mr Sanjay Chaudhary
Delhi Technological University
Read the Original
This page is a summary of: The impact of digitalisation on the agricultural wholesale prices to aid agrarian income, Agricultural Economics (Zemědělská ekonomika), October 2022, Czech Academy of Agricultural Sciences,
DOI: 10.17221/113/2022-agricecon.
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