Regulated Agricultural Markets in 21st Century: An Outline of their Future Role in Tripura

Abstract

Agricultural regulated markets are immensely important for economic growth of a state and as well as for a country. In many India states, Government has taken several steps to streamline the regulated market system; however, improper functioning of most of the regulated markets and other handicaps has not changed the conditions noticeably. Yet, a major part of rural markets are working outside the frame of regulated market. As a matter of fact, many Indian states are mostly dominated by private traders causing a hassle in the overall development of the regulated markets. To improve the prevailing conditions of these markets, a study on market regulation becomes very essential. The paper overviewed the present status, growth and development, overall performances, problems and prospects of the regulated markets of Tripura. It provides few guidelines for the primary producers to get the best possible returns from the agricultural regulated markets. An outline of their (regulated markets) future role in 21st Century has also discussed in this paper.