Itc echoupal initiative

LinkedIn The ITC eChoupal Initiative Case Solution Also providing with the daily news about the government decisions which have influenced on the agricultural prices and its market Protecting the farmers from being cheated on selling of the crops by the middle party and eliminating the cost inflation.

Itc echoupal initiative

The e-Choupal model has been specifically designed to tackle the challenges posed by the unique features of Indian agriculture, characterised by fragmented farms, weak infrastructure and the involvement of numerous intermediaries, among others.

Such a market-led business model can enhance the competitiveness of Indian agriculture and trigger a virtuous cycle of higher productivity, higher incomes, enlarged capacity for farmer risk management, larger investments and higher quality and productivity.

Further, a growth in rural incomes will also unleash the latent demand for industrial goods so necessary for the continued growth of the Indian economy. This will create another virtuous cycle propelling the economy into a higher growth trajectory.

The ITC eChoupal Initiative

The aggregation of the demand for farm inputs from individual farmers gives them access to high quality inputs from established and reputed manufacturers at fair prices. Thereby it significantly reduces transaction costs. While the farmers benefit through enhanced farm productivity and higher farm gate prices, ITC benefits from the lower net cost of procurement despite offering better prices to the farmer having eliminated costs in the supply chain that do not add value.

Several alternative and innovative solutions - some of them expensive - are being deployed to overcome these challenges e. Power back-up through batteries charged by Solar panels, upgrading BSNL exchanges with RNS kits, installation of VSAT equipment, Mobile Choupals, local caching of static content on website to stream in the dynamic content more efficiently, 24x7 helpdesk etc.

Itc Echoupal Initiative | Case Study Solution | Case Study Analysis

The active participation of farmers in this rural initiative has created a sense of ownership in the project among the farmers. Backed by intensive research and knowledge, this initiative provides Agri-extension services which are qualitatively superior and involves pro-active handholding of farmers to ensure productivity gains.

The services are customised to meet local conditions, ensure timely availability of farm inputs including credit, and provide a cluster of farmer schools for capturing indigenous knowledge. This initiative, which has covered over 64, hectares, has a multiplier impact and reaches out to around 70, farmers.

The Stockholm Challenge This award is for using information technology for the economic development of rural communities.

Case The ITC eChoupal Initiative |

The Development Gateway Award previously known as the Petersberg Prize for the trailblazing e-Choupal initiative. ITC is the first Indian company and the second in the world to win this prestigious award. The Company received this award for its e-Choupal and social and farm forestry initiatives that are impactfully transforming lives and landscapes in rural India.

The Award provides impetus to sustainable development and encourages ongoing social responsibility processes within the corporate sector.

Itc echoupal initiative

This award recognises companies who have made significant efforts to create sustainable livelihood opportunities and enduring wealth in developing countries. The Golden Peacock Innovation Award The e-choupal initiative—whereby a choupal is equipped with a computer and Internet connectivity—is the brainchild of a large agricultural processing company in India, the Indian Tobacco Company (ITC).

1 E-CHOUPAL: ITC’S RURAL NETWORKING PROJECT* I. Abstract In Hindi (an Indian language spoken in most parts of Northern and Central India), a choupal is a village gathering e-choupal initiative—whereby a choupal is equipped with a computer and .

ITC e-Choupal Started in the year Target Area so far 38, villages, kiosks, 9 states Wholly owned by ITCWhy it become a success?

The ITC eChoupal Initiative Case Solution

Only initiative to attempt to combine Services and an Effective Business Model successfullyDesigned to address the issues such as The ITC eChoupal Initiative The case is about a technology based transition of soybean supply chain from traditional flow to a more efficient method.

Case first talks about the traditional way of soybean supply chain. In the traditional method, farmers are taking their product to local markets called “mandi”. Based on a clever understanding of technology, sociology, and the incentives of the various players involved, the eChoupal provides farmers with effective methods of price discovery, honest. is a platform for academics to share research papers.

Embedding Sustainability in Business | Sustainable Development