• Karnataka agri markets see higher volumes despite drought hurting farm output

    Bengaluru, 2017-07-19

    The electronic trading platforms in the agriculture markets of Karnataka have caught the attention of chilli and paddy growers in neighbouring States such as Andhra Pradesh and Telangana, who are seen increasingly bringing their produce to the market

    “Farmers could be bringing more of their produce to the APMC markets now,” said TN Prakash Kammaradi, Chairman of the Karnataka Agricultural Prices Commission.

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  • A whopping 42 lakh farmers opt for e-trading

    Bengaluru, 2017-07-16

    In the midst of adverse climatic conditions, 42 lakh farmers in Karnataka have registered for online trading under the Unified Marketing Platform (UMP) and are getting higher prices for their commodities in agricultural produce marketing committees(APMCs)

    A farmer as usual needs to come to the market and just give details of his produce, name, village name, and mobile number at the gate. With the help of a data entry operator, the information is fed into the electronic platform.

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  • Karnataka, first state to start major agri reforms, snubs eNAM participation

    New Delhi, 2017-07-15

    Karnataka, the first state to initiate major reforms in agricultural marketing through creation of a Special Purpose Vehicle — Rashtriya eMarket Services Private (ReMS) — has declined to join the agriculture ministry-promoted national electronic platform.

    Meanwhile, of the total eNAM turnover of Rs23,250 crore, Haryana topped with Rs13, 600 crore, followed by Telangana (Rs4039 crore), Gujarat (Rs3529 crore) and Uttar Pradesh (Rs1097 crore).

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  • Demonetization is Ensuring Transparent Transactions Through Direct Payments to Farmers, After an Initial Negative Impact: Manoj Rajan of ReMS

    New Delhi, 2017-07-14

    Karnataka’s Additional Secretary Manoj Rajan is Managing Director of Rashtriya e-Market Services Pvt Ltd (ReMSL), the equal joint venture of the state government and commodity exchange NCDEX.

    MR: I see demonetization as an opportunity for market reforms, one objective of which is to ensure transparent transactions through direct payments to farmers.

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  • Karnataka woos traders from other States to its online agri platform

    Bangalore, 2017-07-10

    After connecting a majority of the agriculture markets across the State, Karnataka is now reaching out to traders and large buyers from other States to join its electronic commodity trading platform.

    “We have already installed these machines in about nine markets,” Rajan said. Besides, orientation centres have been established for information dissemination to around 42 lakh farmers registered on the UMP.

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  • Online Agricultural Markets in Karnataka- “My Produce My price”

    Bengaluru, 2017-07-10

    Agricultural Marketing in the state had made notable progress but many challenges remained unaddressed.

    This year we will be “Year of App” we will be introducing apps to carry out market operations like,gate entry, bidding, weighment, price and market information for farmer, trader and the department

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  • Despite drought, Karnataka farmers earned 38% more than last year

    Bangalore, 2017-06-29

    • Karnataka farmers earned 38% in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform • The income is expected to double in 2016-17 with many more markets coming under UMP

    Mahadevappa, a farmer at Tumakuru APMC, said: "Before e-tendering, we'd know about produce price through commission agents, who cheated by quoting low prices. Now, because of online trading, we receive information of the exact price and buyer details as a

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  • Karnataka’s e-trading platform helps farmers earn 38 percent more

    New Delhi, 2017-06-09

    NEW DELHI: The Unified Market Platform (UMP) in Karnataka has realised 38 per cent more income in 2015-16 over 2013-14 from sale of agri-commodities through the e-trading platform, according to a recent NITI Aayog report. Copra, Black gram, Tur, were amon

    The eNAM and other market reforms, which focus on the crop sector, show a 9.1 per cent increase in farmers income. “Complete implementation of UMP is expected to have a much larger impact on farmer incomes, said Sinha.

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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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