Int.J.Curr.Microbiol.App.Sci (2019) 8(12): 1583-1591 1583 Original Research Article https://doi.org/10.20546/ijcmas.2019.812.190 Market Integration of Major Maize Markets in Telangana State Bandi Srikanth*, K. V. Deshmukh and S. S. More Department of Agricultural Economics, College of Agriculture, Vasantrao Naik Marthwada Krishi Vidyapeeth, Parbhani, Maharastra, India *Corresponding author ABSTRACT Introduction Agriculture is an important sector to fuel in economic growth and it needs to be made more attractive. By creating necessary framework for strengthening the entire agriculture value chain, the Government of India will not only help improve socio- economic condition of the nation‟s farmers, but will also enable Indian agriculture to become economically profitable eventually leading to more inclusive development. Enabling policies for access to inputs, credit, markets and innovations will result in increased productivity, profitability and growth. Further with changes in production scenario it is also necessary to have effective agricultural marketing reforms to ensure that the farming is remunerative. For the Indian farmers to remain competitive, both in the International Journal of Current Microbiology and Applied Sciences ISSN: 2319-7706 Volume 8 Number 12 (2019) Journal homepage: http://www.ijcmas.com Market integration of agricultural products gained importance in developing countries due to its potential application to develop the national economy. The analysis of prices and market arrivals over time is important to know the fluctuations in them and it also helps to formulate appropriate ways and means for reducing price fluctuations of agricultural commodities. The present study was carried out by employing the integration of maize among major markets different tests, namely, Augmented Dickey-Fuller (ADF) unit root test, Johansen co-integration test, Granger causality test and Vector error correction method were carried out. The selections of the markets were based on the maximum quantity of arrivals of maize among the markets of Telangana state. The results of the study confirmed that markets are having long run equilibrium relationship and major markets of maize in Telangana state are integrated. All the three maize markets are highly co-integrated may be because of better marketing infrastructure, existence of cooperatives, easy flow of market information. High magnitude of speed of error correction indicates that markets are efficient in transmitting price signals. Keywords Market integration, Augmented Dickey- Fuller, Co- integration, Vector error correction, Prices and arrivals Accepted: 12 November 2019 Available Online: 10 December 2019 Article Info