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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM38840
Volume:
8 |
11 |
Nov 2024
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Farm Mart is a digital marketplace designed to bridge the gap between farmers and consumers by enabling direct transactions and improving agricultural supply chain efficiency. This review evaluates the impact of Farm Mart on market accessibility, farmer profitability, and the overall efficiency of agricultural trade. Drawing comparisons to similar platforms, particularly Krushi Bazar, a well-established agricultural e-marketplace, this paper highlights key technological features, operational challenges, and outcomes of the Farm Mart initiative. While Krushi Bazar has demonstrated success in improving market transparency and reducing intermediary costs, Farm Mart offers a more user-friendly interface and enhanced logistics support, addressing some of the challenges Krushi Bazar faced. Both platforms contribute significantly to the digitization of agricultural markets, but Farm Mart’s focus on leveraging real-time data and streamlined payment systems sets it apart. The review concludes with recommendations for further development and integration of advanced technologies such as blockchain and artificial intelligence to improve scalability and adoption.
KEYWORDS
Publication Date
11/17/2024
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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The authors declare no conflict of interest related to this research work.
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