Abstract
Vegetable quantity arrival to market varies every day with which its prices also changes rapidly. This paper analyses the factors that affect the rapid change in prices of vegetables such as demand forecasting, demand supply management, erroneous statistics of vegetables, storage facilities, and supply chain system, etc. Government of India has no control over the production of horticultural and agricultural crops, sometimes under produced and sometimes over produced, which makes demand supply management hard-won. This paper mainly focuses on advantages of demand forecasting and demand supply management of vegetable crops and their effects on farmers and consumers. The Government should find a novel method or a system which gets crop data from farmer, does demand forecasting on day to day basis, control crop acreages, generate accurate statistics and do demand supply management of crops.
Highlights
India is a country which grows major varieties of vegetables due to its diverse climate
Horticultural crop acreage increased by 18% when compared with food grain crop acreage increase by 5% over the past few years [1].Table-1 shows an increase in vegetable production over the past years [2]
Figure-1a shows the daily price of tomato in Hyderabad vegetable market, Hyderabad for the years 2015,2016 [3].The factors that influence this are lack of demand forecasting, demand supply management, improper statistics, cold storage system, weather conditions, rainfall, ground water availability, etc
Summary
India is a country which grows major varieties of vegetables due to its diverse climate. Vegetables demand graph is increasing steadily but supply graph is fluctuating in India. Figure-1a shows the daily price of tomato in Hyderabad vegetable market, Hyderabad for the years 2015,2016 [3].The factors that influence this are lack of demand forecasting, demand supply management, improper statistics, cold storage system, weather conditions, rainfall, ground water availability, etc. Among these factors some are controllable and some are uncontrollable. There are a lot of factors that affect the support prices of vegetables; it is mainly affected by demand supply management. Farmers do not know how much demand and supply is there in the market for a particular type
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