abhishreshthaa
Abhijeet S
There were 7,062 agricultural regulated markets operating in India, 162 agricultural commodities considered for grading standards and 3,253 cold storage with capacity of 8.73 million tonnes as on end March 1998. With the introduction of economic reforms, futures trading was permitted in coffee, cotton, castor oil and jute goods during 1997-98.
Earlier futures trading were permitted in gur, potato, castor seed, pepper, turmeric, etc. Further, during 1998-99, futures trading was introduced in oilseeds, oil cakes and edible oils. A network of co-operatives at the national, state and primary level operates to help farm producers with access and further reach for sale of produce.
As per the Annual Report (1998-99) of Ministry of Agriculture, Government of India, the value of agricultural produce marketed through co-operatives has registered a remarkable growth of 21.6 per cent, from Rs.9,500 crore in 1994-95 to about Rs.11,551 crore in 1995-96.
Earlier futures trading were permitted in gur, potato, castor seed, pepper, turmeric, etc. Further, during 1998-99, futures trading was introduced in oilseeds, oil cakes and edible oils. A network of co-operatives at the national, state and primary level operates to help farm producers with access and further reach for sale of produce.
As per the Annual Report (1998-99) of Ministry of Agriculture, Government of India, the value of agricultural produce marketed through co-operatives has registered a remarkable growth of 21.6 per cent, from Rs.9,500 crore in 1994-95 to about Rs.11,551 crore in 1995-96.