A rating system on a platform is a way for users to rate and review the products, services, or other users on that platform. Rating systems are often used on e-commerce platforms, online marketplaces, and social media platforms. Rating systems can vary in complexity, but they typically involve users assigning […]
Embedded finance is the integration of financial services into non-financial products and services. In the context of Agri supply chains, this could involve providing financing to farmers, wholesalers, food processors, and HORECA through digital platforms. There are several ways in which embedded finance can create more efficient agri-supply chains: Improved […]
What are Post Harvest Losses ? Post-harvest losses are losses that occur to food crops after they have been harvested. These losses can occur during handling, storage, processing, transportation, and marketing. The causes of post-harvest losses are varied and can include: Physical damage, Biological damage, Metabolic changes, Environmental factors, Human […]
Sustainable farming practices are those that meet the needs of the present without compromising the ability of future generations to meet their own needs. They are designed to protect the environment, conserve natural resources, and promote biodiversity. There are many different sustainable farming practices, but some of the most common […]
The Digital Agriculture Mission (DAM) is a government initiative launched in 2021 to promote the use of digital technologies in agriculture. The goal of the DAM is to increase agricultural productivity, improve farmers’ incomes, and make the agricultural sector more sustainable. The DAM has four pillars: The DAM is expected […]
Agrinomics is a term that is sometimes used to refer to the intersection of agronomy and economics. Agronomy is the branch of agriculture that deals with field crop production and soil management. Economics is the study of how people use scarce resources to meet their wants and needs. In agrinomics, […]
The agriculture sector is one of the most important sectors in India, contributing to about 18% of the country’s GDP. However, the sector is still largely informal, with a significant portion of transactions being conducted in cash. This can lead to a number of problems, including: Fraud and corruption: Cash […]
A spot exchange is a marketplace where buyers and sellers can trade agricultural commodities for immediate delivery. This is in contrast to a futures exchange, where buyers and sellers agree to trade a commodity at a future date at a predetermined price. There are a number of reasons why there […]
Wholesalers in Mandis throughout India face a number of challenges : Lack of transparency: The mandi system is often opaque and difficult to navigate, making it difficult for wholesalers to know what prices they should be paying for produce. High fees: The mandi system charges high fees to wholesalers, which […]
The APMC Amendment Act 2020 helps in market access by removing the monopoly of APMCs (Agricultural Produce Marketing Committees) over agricultural trade. This means that farmers can now sell their produce outside of APMC mandis (wholesale markets), which gives them more options and helps to improve prices. MandiBoyz is a […]