• FPO-UMP online trading platform in launched on February 25th 2021 at NABARD Regional Office Bengalauru

    Bangalore, 2021-02-25

    NABARD And GoK Supported FPOs Onboarded On Unified Market Platform Of ReMS

    In a landmark and historic development, 66 NABARD and GoK supported Farmer Producer Organizations were onboarded on Unified Market Platform (UMP) of Rashtriya e-Market Services (ReMS) at a “Launch Event” organized in NABARD Regional Office

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  • e-mandis can help ensure that the future for indian farmers is far brighter than even before

    Bangalore, 2019-03-09

    Findings from Karnataka, which is considered to be the pioneer for this intervention, showed that farmers earned around 13% more for two years, for a set of crops sold through the e-platform.

    While electronic markets were highly successful in Karnataka. Subsequent uptake across the rest of the country under e-NAM has been muted. There have been reports that the necessary infrastructure to support e-mandis have been lacking in places. However,

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  • Commonwealth 2018-Biennial conference special edition on ReMS

    Ottawa, Ontario, Canada, 2018-12-04

    The government developed a comprehensive roadmap for market reforms along with interventions in areas of technology up gradation, electronic auction platform, unified trader license to trade in all markets, quality certification, effective information etc

    Rashtriya e-Market Services Private Limited (ReMS) is a PPP initiative designed to move the reforms agenda ahead in making the “One State – One Market” concept a reality. It offers a complete technology requirement through its Unified Market Platform (UMP

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  • Farmers in Karnataka increase income through e-trading

    Bangalore, 2018-11-05

    Farmers in Karnataka are banking on technology to market their produce and double their income. They have been realising 38% to 40% percent more income with the help of the e-trading interface, Unified Market Platform (UMP) run by Rashtriya e-Market Serv

    CAPAM represents an international network of 1,100 senior public servants, heads of government, leading academics and researchers from over 50 Commonwealth countries. Forty projects from eight countries — Mauritius, Australia, India, Singapore, Nigeria, T

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  • Award for State’s UMP

    Bengaluru, 2018-10-27

    The State’s Unified Market Platform(UMP), an online trading platform for trading commodities in Agricultural Produce Marketing Committees, has bagged the CAPAM award in the public service management category.

    Cooperation Department Additional Secretary Manoj Rajan received the award at a function held at Georgetown, Guyana, at the conclusion of the CAPAM 2018 Biennial Conference. UMP also bagged the overall best project prize.

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  • Farmers in a Spot

    Bangalore, 2018-07-29

    Rajalaxmi Nirmal

    A robust electronic spot commodity market can break buyer cartels and ensure fair price to the farmer. Restrictive APMC Act, lack of basic infrastructure and inability to connect to people at the grass-root level are challenges

    Though the commodity derivatives exchange has been functioning for the last 14 years, India is yet to develop a national platform for spot commodity transactions, where the physical commodity is bought and sold at prevailing market prices.

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  • E-initiatives To Improve Farm Income

    Bengaluru, 2018-04-10

    ReMS provides a unified market platform (UMP), brings in best practices, arranges assaying facilities, enables commodity funding to benefit all stakeholders and develops secondary markets to benefit primary market participants. Of the 162 main markets in

    According to a report by NITI Aayog, Karnataka has realized 38 per cent more income to farmers in 2015-2016 over 2013-2014. The UMP has brought about transparency, efficiency and has simplified the procedure for procuring licenses.

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  • More Money, Better Options: How Karnataka’s E-Trading Is Changing Farmer Lives

    Bangalore, 2018-03-21

    “Even NITI Aayog has appreciated this for the reason that this has enhanced the income of the farmers by 38%,” says the 2018 Karnataka State Budget.

    “Till now about Rs 75,690 crore worth agricultural produce of 95.21 lakh farmers have been traded online. So far, about 47.28 lakh farmers are registered under the unified market platform,” said the 2018 Karnataka State Budget

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Government of Karnataka had constituted a committee under the chairmanship of the Additional Secretary to Government, Co-operation Department to explore means to improve the agricultural marketing system, identify the interventions required in the sector and suggest necessary reforms.

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