J&K announces Rs 560 cr project to create a robust market ecosystem

Jammu and Kashmir administration has announced a Rs 560-crore project under the Holistic Agriculture Development Programme (HADP) to strengthen the existing market infrastructure and create a robust market ecosystem to boost the region's economy and benefit farmers.

The project aims to improve the terms of trade (ToT) in favour of farmers, improve the efficiency and effectiveness of the market ecosystem, and minimize value loss while maximizing societal welfare.

"Jammu and Kashmir government announces Rs 560 crore investment in agriculture and allied sectors under HADP to strengthen the market ecosystem and benefit farmers and consumers", Additional chief secretary Agriculture production department, Atal Dulloo told PTI.

Jammu & Kashmir is implementing this project under the programme that aims to strengthen the existing market infrastructure and create a robust market ecosystem that caters to the needs of all stakeholders, he said.

The agriculture and allied sectors in the Union .