
Shoumitro Chatterjee on Agricultural Markets in India
Ideas of India
00:00
Do Auctions Improve Prices in Behar and Risa?
In beharan urisa in panjab, you do see some payment by check or bank transfers. But that difference in the two weeks of payments shows up then as a difference in the price. So because you don't have regulated markets in behar an urisa, almost nowhere dousee auctions or anything of that sort. In panja, for non m s p commodities, where it's not going to the government, there is almost always an auction. Now there is the other question of whether auctions themselves are improving prices. I e, if we were to do auctions in behar and rumisa, would that improve prices? I don't know the answer to that question.
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