Incentives needed to improve grain markets in India
Tuesday, March 18, 2014 - 13:01
in Mathematics & Economics
Even after the agricultural reforms of 2002-03, for wheat, rice, and pearl millet farmers in India, grain markets are still pretty sticky. Two University of Illinois economists analyzed infrastructure of interstate trade for food-grain crops in three Indian states and found that grain farmers are unable to cash in on India's market reforms and take advantage of a price difference between two or more markets.