Naga Mandi Project was awarded to the Rural Agro Farms (RAF) LLP which has received the government’s approval to establish and operate under the Build-Operate-Maintain Public-Private Partnership (BOM-PPP) model.
The mandi will cover 10 acres and will feature dedicated sections for Anaj (grain) and Sabji (vegetable) markets, aimed at enhancing agricultural trade, providing modern amenities, and bolstering the agrarian economy of Nagaland.
The Naga Mandi, located at Seithekema-A, will act as a central hub for the wholesale trade of agricultural commodities from the region. Key objectives are:
· Creating a Marketplace: Providing a space for farmers to sell produce at competitive prices.
· Improving Market Access: Reducing post-harvest losses through better procurement, storage, and distribution.
· Boosting Economic Growth: Strengthening the agriculture sector and contributing to the state’s GDP.
The project will be carried out through a Public-Private Partnership, combining the resources of both sectors. RAF LLP will work with the Government of Nagaland to develop, operate, and maintain the mandi, ensuring efficient resource use and risk-sharing.
The mandi will operate in line with the Nagaland Agriculture Produce Marketing Act 2005. RAF will collaborate with government authorities to meet all legal and regulatory requirements.
The mandi will include:
· Market Yards: For trading agricultural produce.
· Cold Storage: To preserve perishable goods.
· Grading and Sorting Units: For quality maintenance.
· Auction Halls: For price discovery.
· Administrative Offices: For managing operations.
The mandi will feature:
· Shops: 110 retail outlets for traders.
· Warehouses: 10 units with a total capacity of 4,000 MT.
· Auction Yards: 2 areas for trading.
· Cold Storage: 2 units, each with a 500 MT capacity.
· Kisan Bhavan: AC and non-AC rooms for farmers visiting the mandi.
A financial analysis has been conducted to assess the project’s viability, focusing on revenue streams, cost projections, funding sources, and revenue-sharing between public and private partners.
The Naga Mandi is expected to:
· Boost Economic Growth: Increase local economic activity and farmer income.
· Create Jobs: Provide direct and indirect employment opportunities.
· Enhance Market Efficiency: Improve agricultural development and quality control.
· Optimize Supply Chains: Support community development and financing access.