
Regulated Market in Tripura: For Sustainable Local Governance
Author(s) -
Sujoy Hazari,
AUTHOR_ID,
Trinankur Dey,
AUTHOR_ID
Publication year - 2021
Publication title -
review of applied socio-economic research
Language(s) - English
Resource type - Journals
ISSN - 2247-6172
DOI - 10.54609/reaser.v22i2.87
Subject(s) - agriculture , business , corporate governance , factor market , profitability index , agricultural economics , economics , market economy , finance , geography , archaeology
The farmers are getting poorer despite the increase in the agricultural GDP. The profitability of agriculture has declined while the risk involved has increased.The changes in the policy en v iron ment a n d the market situation have not benefited the small and marginal farmers uniformly. Th e st u dy a tt emp ts t o project the regulated market of Tripura with different amenities available in the market vicinity. Alto gethe r 21 markets have been deliberately studied with twenty numbers of respondents from each market, and a total 420 numbers of responses are recorded; and a z-test has been applied to ascertain the relative importance of the specific variables. The market information, storing, weighing, sorting facilities are significantly aff ec te d on the marketing of agricultural produce in regulated markets of Tripura. In contrast, grading and transportation facilities have been found less affected by the regulated market system in Tri pura . Th e f i rst controlled market was created (1964). Following that, three markets were controlled in 1981, and sevente en markets were regulated in 1986. In Tripura, the government has take n se v e ral me a sure s t o e sta bli sh a controlled market. Despite these measures, there has been no discernible improvement in the state of Tripura's regulated markets