Abstract

Rural development is a process of sustainable improvement in the quality of life of rural people especially farmer community and overall development of rural areas. Agricultural development constitutes the crucial aspect of rural development. Agricultural development is possible through the betterment of farm activities and agri-business activities. In this study, the researchers have designed and developed the agricultural model that predicts future market price of agriculture commodities at the time of crop cultivation and thereby connects the farmer community to the agriculture market. The farmer community will be able to get the knowledge about future market price of agriculture commodity and accordingly plan for crop cultivation, crop production and other farm management activities. Thus, such generated knowledge from this model helps the farmer community in its decision making at the time of crop cultivation and reducing risk in their agri-business and thereby helps in rural development.

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