In a first, IIM-Ahmedabad (IIM-A) has joined hands with an e-marketplace for agricultural land, SFarms India, to develop a farmland price index based on the sales and purchases done on the platform.
The index has been designed to record and present the “quality-controlled” data on the prices of agricultural land in the country.
The index will track the price movements in the marketplace and come up with a composite pricing mechanism on a monthly basis.