PROBLEMS AND PROSPECTS OF FARMERS & TRADERS IN REGULATED MARKET (with special reference to Krishnakiri District)

Abstract

            To achieve an efficient system of buying and selling of agricultural commodities, most State Governments and Union Territories have enacted legislations like the Agricultural Produce Marketing Committee Act to provide for regulation of agricultural produce markets. These regulated physical markets have been established to ensure a reasonable amount of profits to agriculturalists for their crops and other agricultural products. At the time of independence there were only around 286 regulated markets in India. Currently, there are more than 7,500 such markets in the country. Most of these regulated markets are wholesale markets. Other than these markets there are also around 30,000 rural periodical markets of which 15 per cent function under the ambit of regulation.  In Tamilnadu, so many districts based on agricultural trade.  In particular Krishnagiri is one of the district which producing the important crops of Krishnagiri District are Paddy, Maize, Ragi, Banana, Sugarcane, Cotton, Tamarind, Coconut, Mango, Groundnut, Vegetables and Flowers. The district has an excellent scope for agri business.  The role of regulated markets is very crucial in this district.  With this background the researcher has taken this topic to analyse the problems and prospects of regulated markets in Krishnagiri District.