Tag: trade in tamil nadu

In Tamil Nadu domestic trade is effectively handled by States.

When the relationship between countries is good, then the trade will flourish well, as the countries will understand each other better when there are good relations.

• Densely populated countries have less international trade because domestic consumption is high and there is not much surplus left.

Sivakasi is a city and municipality in Virudhunagar District in Tamil Nadu.

A basic economic concept which involves the buying and selling of goods and services with compensation paid by a buyer to a seller, or the exchange of goods or services between parties is known as trade. The most common medium of exchange for these transactions is money. Trade decides the economic growth of a country as it increases the income of a country and provide occupation to a large population.

Uzhavar Sandhai scheme was initiated for direct selling of fruits and vegetables at a fair price by the farmers to the consumers without any intermediaries. The first Uzhavar Sandhai was started at Madurai in 1999.

As Tamil Nadu has well developed roadways and railways, domestic trade is efficiently handled among the districts of Tamil Nadu. For marketing the commodities, there are several market committees. At present there are about 303 APMCs in the state.