Infrastructure Evaluation of Regulated Agricultural Markets in Punjab
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Author: Lovepreet Singh and Mini Goyal
Author Address: Faculty of Agriculture, Guru Kashi University, Talwandi Sabo-151302 (Punjab) and Department of Economics and Sociology, Punjab Agricultural University, Ludhiana-141 004 (India)
Keywords: Agricultural market infrastructure, agricultural marketing systems, market efficiency, regulated agricultural markets.
JEL Codes: O18, Q13, Q18, R11.
Abstract
This study examined infrastructure facilities in the regulated markets of Punjab and compared their status using an infrastructure development index. The results revealed that large markets had better infrastructure facilities. The Amritsar market was the best equipped, with the highest combined index score (0.34) and ranked highest in the trade and support infrastructure indices. Additionally, markets in Zone-II of Punjab were found to have better infrastructure facilities, followed by those in Zone-III and Zone-I. Positive and statistically significant correlation coefficients between the number of regulated markets and the procurement of both paddy (0.78) and wheat (0.76) indicated that an increase in the number of regulated markets was associated with greater procurement of these crops. The study suggested that balanced development of market infrastructure, expansion of regulated markets, and targeted investment in weaker regions are necessary to improve marketing efficiency and to strengthen the procurement system in Punjab.
Description
Indian J Econ Dev, 2026, 22(2), 308-316
https://doi.org/10.35716/IJED-25011