Study on Impact Evaluation of Geographical Indication (GI) Products by NABARD

Overview:
The National Bank for Agriculture and Rural Development (NABARD) has recently sanctioned a study to evaluate the impact of Geographical Indication (GI) products. This study aims to assess the benefits and challenges faced by GI product producers in India.

Importance of Geographical Indication (GI) Products:
- GI products are known for their unique qualities and reputation associated with their place of origin.
- They play a crucial role in promoting local artisans, preserving traditional knowledge, and boosting rural economies.

Objectives of the Study:
- To analyze the socio-economic impact of GI products on producers and their communities.
- To identify the challenges faced by GI product producers in marketing, branding, and distribution.
- To suggest strategies for enhancing the market competitiveness of GI products.

Methodology:
- The study will involve primary data collection from GI product producers across different regions of India.
- Surveys, interviews, and focus group discussions will be conducted to gather insights from stakeholders.
- Data analysis will be carried out to evaluate the economic and social impact of GI products.

Expected Outcomes:
- The study is expected to provide valuable insights into the effectiveness of GI products in improving the livelihoods of producers.
- It will help in understanding the market dynamics and consumer perception towards GI products.
- Recommendations from the study will guide policymakers in formulating strategies to promote and sustain the growth of GI products in India.
In conclusion, the study on the impact evaluation of Geographical Indication products sanctioned by NABARD holds significant importance in assessing the benefits and challenges faced by GI product producers in India. It is expected to provide valuable insights for the development and promotion of GI products in the country.