IIM-Ahmedabad (IIM-A) has collaborated with SFarms India, an e-marketplace for agricultural land, to develop a farm land price index.
It is based on the purchases and sales done on the platform.
This index has been designed with the aim of recording and presenting quality-controlled data on the prices of agricultural land in India.
This index will be tracking the price movements in the marketplace (Sfarms India) and will be coming up with a composite pricing mechanism on a monthly basis.
This will be updated twice a year.
It will be named IIM-Ahmedabad SFarms India Land Price Index (ISALPI).
It has been started on a pilot basis on Karnataka, Andhra Pradesh, Tamil Nadu, Maharashtra, Uttar Pradesh, Telangana.