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MARKETING BOARD — Commerce Keypoint

MARKETING BOARD

MARKETING BOARD are public corporations established for the purpose of marketing major agricultural products.

FUNCTIONS OF MARKETING BOARD

  1. The marketing board sees to price stability of products.
  2. Promotes research findings through the provision of research centres.
  3. Finances farmers by granting loans.
  4. Searches for foreign markets for major agricultural products.

ACHIEVEMENTS OF MARKETING BOARD

  1. Succeeded in providing transport and storage facilities.
  2. Succeeded in stabilizing prices.
  3. Succeeded in improving production technique and credit facilities,
  4. Succeeded in granting loans to farmers.
  5. Helped in product grading and standardization.

PROBLEMS OF THE BOARD

  1. Inadequate supply of storage facilities.
  2. Lack of skilled manpower.
  3. Poor Communication network and accessible roads.
  4. Political instability and interference.

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