IIM-Ahmedabad(IIM-A) has joined hands with SFarms India (an e-marketplace for agricultural land) to launch a farm land price index called IIM-Ahmedabad SFarmsIndia Land Price Index (ISALPI).

The index will track the price movements in the marketplace and come up with a composite pricing mechanism on a monthly basis which will be updated twice a year.

The index has been started on a pilot basis in Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh.

Source: Business Standard