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DEMIC Presentation

The Domestic and Export Market Intelligence Cell (DEMIC) is a dedicated unit that analyzes market trends to aid decision-making in agriculture, aiming to minimize price uncertainty and enhance farmer income. It provides real-time price forecasts, promotes data-driven decisions, and assists in policy formation while utilizing technologies like AI and GIS for analysis. Despite challenges such as data delays and low digital literacy, DEMIC plays a crucial role in empowering Indian agriculture and improving its global competitiveness.

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258 views13 pages

DEMIC Presentation

The Domestic and Export Market Intelligence Cell (DEMIC) is a dedicated unit that analyzes market trends to aid decision-making in agriculture, aiming to minimize price uncertainty and enhance farmer income. It provides real-time price forecasts, promotes data-driven decisions, and assists in policy formation while utilizing technologies like AI and GIS for analysis. Despite challenges such as data delays and low digital literacy, DEMIC plays a crucial role in empowering Indian agriculture and improving its global competitiveness.

Uploaded by

klokeshc58
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Domestic and Export Market

Intelligence Cell (DEMIC)


• Empowering Agriculture with Market
Intelligence
• Presented by: [Your Name]
• Date: [Date]
Introduction
• - What is DEMIC?
• - A dedicated unit that analyzes domestic and
international market trends.
• - Helps in informed decision-making for
stakeholders in agriculture.
• - Why is it important?
• - Minimizes price uncertainty.
• - Boosts farmer income and export efficiency.
Objectives of DEMIC
• - Provide real-time price forecasts for
agricultural commodities.
• - Promote data-driven decision-making among
farmers.
• - Assist government in policy formation.
• - Monitor global market trends and export
opportunities.
Functions of DEMIC
• - Data Collection: Prices, arrivals, weather,
input cost.
• - Analysis & Forecasting: Use of econometric
models and AI.
• - Dissemination: Through SMS, mobile apps,
portals, and media.
• - Feedback Loop: Collecting stakeholder
feedback for better accuracy.
Domestic Market Intelligence
• - Forecasting of commodity prices at sowing
and harvesting stages.
• - Regional trend analysis (mandi level data).
• - Identification of surplus and deficit zones.
• - Example: Price forecast for onion in Tamil
Nadu mandis.
Export Market Intelligence
• - Tracking international price movements and
demand-supply trends.
• - Identifying export potential commodities
(e.g., basmati rice, spices).
• - Advising farmers on quality standards and
certifications for exports.
Technologies Used
• - AI and Machine Learning for price prediction.
• - GIS Mapping for crop pattern analysis.
• - Web portals and mobile apps for real-time
dissemination.
Stakeholders
• - Farmers: Primary beneficiaries.
• - Policymakers: Use data for subsidies, MSP,
etc.
• - Exporters & Traders: Strategic planning.
• - Researchers & Institutions: Academic inputs
and validation.
Impact & Case Studies
• - Increased profit margins for farmers due to
price forecasting.
• - Reduction in distress selling.
• - Export diversification and increase in foreign
exchange earnings.
Challenges
• - Incomplete or delayed data from mandis.
• - Low digital literacy among farmers.
• - Volatility in international markets.
• - Need for frequent updates and localized
forecasts.
Way Forward
• - Expand reach through regional languages
and vernacular content.
• - Integrate with crop insurance and FPO
platforms.
• - Develop AI-powered chatbots for real-time
farmer assistance.
• - Strengthen global trade intelligence network.
Conclusion
• - DEMIC is a vital tool in modern agriculture.
• - It bridges the gap between the field and the
market.
• - Empowering Indian agriculture to be globally
competitive.
Q&A
• Thank you!
• Open to questions.

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