A breakthrough has been made in the monopoly of Kalimati Fruits and Vegetable markets through the initiation of private sector led alternative market development at Shantinagar.
Five partners have started the project with an initial investment of Rs. 5.3 million (53 lakhs) in 3 ropanis and plan to extend the market in 2 more Ropanis. Along with vegetables and fruits, the markets will sell food commodities, spices, meat and fish products, products of Dairy Development Corporation, organic vegetables and fruits, and cooking gas directly from the farmers. The market opens from 5.30 in the morning till 8.30 in the evening.
This may not be a panacea to the middlemen involvement in the agricultural sector but this private sector intervention with price competition in the market is showing a way of hope to the end farmers by introducing competition to end the state owned three decades of Agrimarket Monopoly.
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