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Detailed Project Report on Development of Modern ... - Agmarknet

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<strong>Modern</strong> Terminal Market Nasik<br />

CHAPTER - IV<br />

PROBLEMS IN EXISTING SYSTEM<br />

As per existing APMC Act <strong>on</strong>ly notified commodities can be traded by licensed<br />

traders in notified area with the payment <strong>of</strong> fees under regulatory framework <strong>of</strong><br />

agriculture produce market committee (APMC). No commodity can be traded<br />

and no transacti<strong>on</strong>s can take place without payment <strong>of</strong> market fees to APMC by<br />

any means.<br />

As such, the markets d<strong>on</strong>’t play a pro-active role in attracting<br />

produce or in facilitating the farmers to organize logistics.<br />

Since most <strong>of</strong> the<br />

farmers are small and marginal, they are in the hands <strong>of</strong> intermediaries as they<br />

get little informati<strong>on</strong> for price and are subjected to exploitati<strong>on</strong>.<br />

By restricting<br />

marketing to the notified market yards <strong>on</strong>ly, it has created an envir<strong>on</strong>ment <strong>of</strong><br />

regulati<strong>on</strong> and m<strong>on</strong>opoly <strong>of</strong> existing traders and other traders are prohibited by<br />

artificial entry. Therefore, it is necessary to create a market place, which works,<br />

in its natural form where large number <strong>of</strong> buyers and large number <strong>of</strong> sellers<br />

participate in transacti<strong>on</strong>s and decide price without m<strong>on</strong>opoly <strong>of</strong> any single<br />

community with total transparency.<br />

• Designing and Planning <strong>of</strong> existing Market has not been efficiency linked<br />

and quality driven. Inside the market the land use pattern is faulty.<br />

Spaces allocated to marketing activities are quite enormous, while parking<br />

in circulati<strong>on</strong> area either openly ignored or uncrossed open.<br />

Designs <strong>of</strong><br />

39

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