Application of ICT for Efficient and Transparent Price Discovery: an Analysis of e-Tendering of Agricultural Commodities in Karnataka
120 / 3
Authors
-
P Shalendra
National Institute of Agricultural Marketing, Kota Road, Jaipur, Rajasthan
-
Purushottam Sharma
Directorate of Soybean Research, Indore, Madhya Pradesh
-
K C Gummagolmath
National Institute of Agricultural Extension Management, Hyderabad, Andhra Pradesh
Abstract
State Governments have taken a number of initiatives from time to time,
ranging from regulations to reforms in agricultural marketing, to ensure
transparent and efficient price discovery mechanisms in agricultural wholesale
markets. Introduction of electronic tender system in wholesale markets, by the
State Government of Karnataka is one such initiative aimed at bringing in
transparency in the transaction process and eliminating various malpractices
associated with the conventional method of transactions at APMCs. The impact
of the initiative mainly on prices and arrivals of agricultural commodities has
been analyzed and presented in the present paper. The analysis reveals positive
impact of electronic tender on arrivals, prices and has helped in scientific
discovery of prices. The system may be utilized effectively in enhancing trade
competitiveness by integrating different markets across the state. The system
may also facilitate the integration of concepts like warehousing, grading,
electronic payment, electronic weighment, packaging, branding, pledge
financing, etc. Grade based electronic tender may also help in achieving the
goal of having a Single Integrated Market.
References
Jensen, Rober T. (2007). The digital provide: Information (technology), market performance and welfare in south Indian fisheries sector. Quarterly Journal of Economics, 122 (3): 879-924.
King, G.M. Knight. P. and Misoun, J. (2003). Marketing through web. Translated by: Mohammad Ibrahim Goharian.Tehran: Amir Kabir
Mundy, P. and Sultan, J. (2001). Information Revolutions: How information and communication management is changing lives of rural people. www.agricta.or2/pubs/inforev/index.htm.
Chengappa, P. G., Arun, M., Yadava C. G. and Prasanna Kumar, H. M. (2012). IT Application in Agricultural Marketing Service Delivery — Electronic Tender System in Regulated Markets. Agricultural Economics Research Review. Vol. 25 (Conference Number) 2012 pp 359-372
Ramaraju G.V., Anurag, T.S. Singh, H. K. and Kumar, Shambhu (2011). ICT in agriculture: Gaps and way forward. Information Technology in Developing Countries, 21(2): 17-21.
