Manuscript Title:

DIGITAL MANDI: REVOLUTIONIZING THE AGRICULTURE PRODUCTION AND SUPPLY CHAIN USING BLOCK CHAIN TECHNOLOGY IN INDIA

Author:

SHIFA MANIHAR, TASNEEM BANO REHMAN

DOI Number:

DOI:10.17605/OSF.IO/XYK4E

Published : 2022-05-10

About the author(s)

1. SHIFA MANIHAR - Department of Information Technology, University Institute of Technology, RGPV, Bhopal, India.
2. TASNEEM BANO REHMAN - Department of Computer Science, SAGE University, Bhopal, India.

Full Text : PDF

Abstract

Blockchain technology has gained momentum due to its ability to bring transparency and reliability in the various supply chain mechanisms. The agriculture contributes about 17% to the GDP of India. The revival of the process in agriculture will elevate large population. There are so many procedural flaws and issues in the current supply chain model, which affected the farmer’s growth and become constraint in getting for what actually they deserve. Current decision of 3 agriculture based amendment laws shows that how the farmers were forced institutionally to sell their productions to APMC or private traders. It was a big hurdle in farming and also playing a crucial role in shifting farmer’s interest from farming to other fields. Based on Governments and NGOs documents, it has been also noticed that due to production and demand mismatch most of the time farmers have to throw or sell their products in a compromise rates, some time they are not even getting the money which they have spent for production. The farmers have to also suffer due to natural disasters. This paper has proposed a pan India model “Digital Mandi” which would not only enhance the financial status of those residing in the rural areas but will also aid Indian government to accelerate the efforts of achieving SDG 2 and SDG 11 as has been planned by the Niti Aayag in collaboration with centre and the states. The proposed model has deployed blockchain technology to bring the transparency in the food and agriculture sector of the rural economy and extend the reach of the various government schemes to the actual beneficiaries living the village areas, eliminating the role of various local agencies or intermediaries, and would benefit all the stakeholders involved in the agricultural supply chain.


Keywords

Blockchain, Ethereum, Smart Contract, Sustainable Development Goals.