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About Us Services Strategic Consulting

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Presentation on theme: "About Us Services Strategic Consulting"— Presentation transcript:

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2 About Us Services Strategic Consulting
Started in 2002, with the aim of providing multiple services to companies wishing to engage in any business expansion Provide actionable insights to companies across a range of industries such as Food, and Healthcare Well equipped offices in India and Dubai, also present in 20 countries and 5 cities in India through channel partners Dedicated team of over 35 employees and 15 freelancers, with rich industry experience and domain expertise Services Strategic Consulting In-Depth Market Assessment Market Entry Strategies Concept & Product Testing Existing Business Optimization Strategic Advisory

3 Overview on Agri -Sector of India Government Initiatives
India - Gross Value Addition (GVA) of Agriculture& Allied Sector (Trillion INR), to Government Initiatives National Food Security Mission National Mission for Sustainable Agriculture Rashtriya Krishi Vikas Yojana Pradhan Mantri Krishi Sinchayee Yojana Mission for Integrated Development of Horticulture NABARD Warehousing Scheme Source:  Department of Agriculture, Cooperation& Farmer’s Welfare, RNCOS Note: e= RNCOS Estimate Agriculture, has recorded a satisfactory growth owed to: Improved Technology Irrigation Facilities Inputs and Pricing Policies Government Initiatives Public and Private Investments

4 Agriculture Produce Market Committee
Agriculture Produce Marketing Committee (APMC): Statutory Market Committee Authorized to regulate trade in agricultural products

5 Traditional Agriculture Marketing Model

6 Challenges of Traditional Agricultural Marketing

7 Agriculture Marketing Reform- E-NAM
E-NAM launched on 14th April, 2016 is envisaged as All-India online trading portal Aims to integrate all 585 regulated markets in 3 phases by Enabled farmers in 8 states to sell 25 commodities in 23 regulated mandis Small Farmer’s Agribusiness Consortium (SFAC) to act as lead implementing Agency of E-NAM A budget of INR 2 Billion spent over next three years i.e. ( to )

8 Electronic National Agriculture Marketing (E-NAM) Model

9 Benefits to Various Stakeholders- E-NAM
Farmers: Real time Price Discovery Enhanced Market Access Information Symmetry Direct Payment Transfer to Farmer’s Account Farmer’s discretion to trade through physical mandi or virtual mandi Buyers: Greater Access to national market for secondary trading Transparent online auctions across the country Better quality produce at reasonable prices APMC Mandi: Improvement in Fee Collection Better monitoring Reduction in Book Keeping Forecasting and Analysis of Prices

10 Obstacles in Success Path- E-NAM
Major Impediments Infrastructural Issues: Mandis not entirely on virtual market Software failure Quality Verification of Agri-Produce: No assaying is done Manual examination by traders  Pricing System and Charges Imposed: Trader is a price giver and farmer is the price taker. Degree of Price Variation would continue Legal Constraints: Lot of power in the hands of APMCs Absence of modern capital and investments in agricultural marketing Lack of Awareness: Information Asymmetry on account of technology barrier and usage Lack of Financial Inclusion: Not well defined system for making the payments in the farmer’s account Cash Payments done by middlemen to farmers

11 Possible Solutions to Impediments-E-NAM
Infrastructural Development: Sufficient integration of warehousing and distribution facilities Transport networks Information technology Quality Verification of Agri-Produce: Assaying should integrated Motivate Private Investments Transparent Pricing System: Rationalize market fees, commission charges, cess and taxes Removal of Legal Constraints: Promote Direct Marketing by farmers to prospective buyers Build Awareness: Proper training to be imparted to the farmers to trade on online portal Enhance Financial Inclusion: Develop well defined system to capture bank details to do direct bank credit in farmer’s account

12 Future Prospects in Agrarian Nation- E-NAM
With the course of time Elimination of Middlemen: More bargaining power to farmers Elimination of various market participants Greater Transparency: Greater transparency at every stage of transaction within the integrated mandis Improved Logistics: Ease to buyers to trade at any APMC in regards to delivery through Warehouse based Sell Excellent opportunity of forming partnerships lays ahead Mitigation of Double Taxation: Implementation of Goods and Service Tax (GST) Removal of multiple tax barriers imposed on agriculture transactions Information Dissemination: More awareness among the farmers about crop quality specifications Banking facilities and familiarity with Information Technology

13 E mail: shushmul@rncos.com
For More Information Contact SHUSHMUL MAHESHWARI CEO RNCOS E mail: Website: Phone: /01 / 02 / 03 Address: G 199, Sector 63, Noida, Uttar Pradesh India


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