above data is based on 150 samples collected from 3 gsk centers in maharashtra for both groups
DESCRIPTION
Does GSK create awareness?. Above data is based on 150 samples collected from 3 GSK centers in Maharashtra for both groups. Does GSK provide benefits?. 100% farmers agree GSK creates awareness/understanding about futures market & addresses all their important queries - PowerPoint PPT PresentationTRANSCRIPT
www.mcxindia.com
Parameter Control Group (Non GSK village)
Focus Group (GSK registered farmers)
Awareness about Futures market 90% NOT aware 93% aware
Decision for storage and sell post harvest
ONLY 10% store and sell at future date
59% store and sell at future date
Awareness on Importance of Scientific Storage
81% UNaware 86% aware
Awareness on warehouse receipt financing
ONLY 5% aware 84% aware (yet not many utilize this service)
Awareness about GSK and its services 93% UNaware 100%
Participation in farmer awareness programs on futures
ONLY 4% participated 100%
Above data is based on 150 samples collected from 3 GSK centers in Maharashtra for both groups.
Does GSK create awareness?Does GSK create awareness?
www.mcxindia.com
Parameter % who agree/are satisfied
Aids in Selection of Crop 65
Helps in Stocking and deferred selling 72 (yet only 59% prefer to store)
Easy access to future prices 91%
Better bargaining power, better decision making abilities, better form of overcoming uncertainty
91%
Helps negotiate better price 89%
Does GSK provide benefits?Does GSK provide benefits?
•100% farmers agree GSK creates awareness/understanding about futures market & addresses all their important queries•Poor response to weather insurance and warehousing