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Expected Benefits
♤ Increase operational efficiency and transparency in the mandi operations
♤ Enhance market access and more options for farmers through warehouse based sales
♤ Larger national market for secondary trading for the local trader in the mandi
♤ Reduction in intermediation costs for bulk buyers, processors, exporters etc.
♤ Eliminate information asymmetry
♤ Will lead to common procedures for issue of licenses, levy of fee and movement of produce In 5-7 years, it will result into higher returns for farmers, lower transaction costs to buyers and stable prices and availability to consumers
♤ It will also help in emergence of value chains by promoting scientific storage and movement of agricultural goods