Question

In which year Rythu bazaars were established in Andhra Pradesh?
A) 1996
B) 1997
C) 1998
D) 1999

Answer 1

Hint:
Rythu bazaar is an example of a farmers market in Indian states of Andhra Pradesh and Telangana. It is supervised by the Governments of Andhra Pradesh and Telangana.

Complete Step by Step Answer:
The first market commenced in January 1999 by N. Chandrababu Naidu. In this market small scale farmers can trade instantly to the consumers, thereby excluding middlemen, who were controlling both farmers and consumers alike. The vegetables cultivated on the farmer's yard are coming to the consumer instantly. This direct sale resulted in the farmer receiving a better price. It has helped in the deduction of prices in other vegetable markets and vendors. This system became reasonable for both the farmer and the end consumer and ensured good value by reducing transport.
The farmers are extensively profited by this kind of business since they trade directly to the customers and do not pay any commission to the dealers or agents. The customers are also receiving good quality production. Thus they have become central, creating a demand for the production of small farmers.
Hence, the first market commenced in January 1999.

Thus, option (D) is correct.

Note:
Rythu bazaar is a very generous step taken by the Andhra Pradesh government, it can reduce the chances of intermediate scam. Large numbers of small farmers are unable to effectively deal for a decent price in the wholesale markets. Inefficiencies in wholesale markets develop in a long chain of intermediaries, multiple handling, loss in value and enhance the gap between producer and client prices. Negotiators and system inefficiencies consume a disproportionate amount of consumer prices. A huge number of small retailers, each handling small quantities, build high overheads directing to high margins on produce. Rythu Bazars will regulate outside the purview of Agrl. Market Committees to be regulated by Estate Officers and under the supervision of Joint Collectors.