Impact of Agriculture Market on the Socio-economic Aspects Farmers – A Study with Reference to Rythu Bazaars

P. Murali Krishna; Prof. Sure Pulla Rao

doi:10.36948/ijfmr.2024.v06i04.24433

Impact of Agriculture Market on the Socio-economic Aspects Farmers – A Study with Reference to Rythu Bazaars

Author(s)	P. Murali Krishna, Prof. Sure Pulla Rao
Country	India
Abstract	The key challenges faced by smallholder farmers result from limited bargaining power and high transaction overheads, leading to poor economies of scale, high losses and limited price realisation due to inadequate infrastructure and poor quality control at the production clusters. Inefficiencies and lack of transparency in pricing, buyer discovery and supply chain inhibit a farmer from realising better prices. Small farmers are often excluded from accessing premium markets due to systemic barriers. Since, this paper aimed to study the impact of agriculture market on the socio-economic aspects farmers with reference to Rythu Bazaars, East Godavari district in Andhra Pradesh has taken study area and 6 Rythu Bazaars in it considered the study units. From each Rythu Bazaars 20 farmers were selected randomly and their perceptions were collected on impact of Rythu Bazaars on their socio-economic dimensions. Hence, the perceptions of farmers revealed that majority group felt impact more on their social status followed by household income and nutrition food habits. While three-fourth of the farmers felt impact of Rythu Bazaars showed to increase their household savings, above seventy percent opined that their financial status increased with the Rythu Bazaars. Moreover, a significant number of farmers felt Rythu Bazaars helped to clear their household debts, above sixty percent opined land holdings and household assets are increased with the help of Rythu Bazaars. Thus it is found that the overall impact of Rythu Bazaars on socio-economic aspects of the farmers found positive and increase their status.
Keywords	Agriculture market, Rythu Bazaars, farmers, socio-economic aspects
Field	Sociology > Economics
Published In	Volume 6, Issue 4, July-August 2024
Published On	2024-07-10
Cite This	Impact of Agriculture Market on the Socio-economic Aspects Farmers – A Study with Reference to Rythu Bazaars - P. Murali Krishna, Prof. Sure Pulla Rao - IJFMR Volume 6, Issue 4, July-August 2024. DOI 10.36948/ijfmr.2024.v06i04.24433
DOI	https://doi.org/10.36948/ijfmr.2024.v06i04.24433
Short DOI	https://doi.org/gt4gj2

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Impact of Agriculture Market on the Socio-economic Aspects Farmers – A Study with Reference to Rythu Bazaars

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