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Press

  • 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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  • KARNATAKA FARMERS EARN 138% BY DIRECT SALE VIA E-TRADING

    New Delhi, 2017-06-09

    Rajesh Kumar

    At a time when farmers‟ unrest in Madhya Pradesh and Maharashtra is making news, Karnataka farmers have realised 38 per cent more income from sale of their produce through the e-trading interface, Unified Market Platform (UMP) that was launched in 2014 by

    Officials of Ministry of Agriculture said all the success will depend on the States‟ outlook to market-led agriculture or prospects in agriculture through steady procurement, reduced distress sales, value addition to marketable surplus and adoption of co-

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  • E-trading platform helps Karnataka farmers earn 38% more income

    New Delhi, 2017-06-08

    NEW DELHI: Karnataka farmers have realised 38 per cent more income in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform (UMP), according to a Niti Aayog report.

    In Andhra Pradesh, the company in association with the state government and ReMS has brought the largest 10 APMC markets in the state, including Guntur, to online trading. It will now be handing over the same to the state government.

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  • E-trading platform helps Karnataka farmers earn 38 percent more income

    New Delhi, 2017-06-08

    Karnataka farmers have realised 38 per cent more income in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform (UMP), according to a Niti Aayog report.

    Currently, 157 mandis in Karnataka use e-trading, e- permits, e-payments, and scientific grading and assaying services. In Andhra Pradesh, the company in association with the state government and ReMS has brought the largest 10 APMC markets in the state,

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  • Karnataka farmers earn 38% more through e-trading platform: NITI Aayog

    Mumbai, 2017-06-08

    The government’s think tank NITI Aayog has stated in a report that farmers in Karnataka have realised 38% more income in 2015-16 from the sale of agri-commodities through the e-trading interface Unified Market Platform (UMP).

    "The average increase was 38% in nominal terms and 13% in real terms, after being deflated by WPI of the concerned commodity," the report said. Bengal gram, black gram, Tur, and Copra were the commodities that gave highest

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  • Farmers grow smarter to beat note ban woes

    Bengaluru, 2016-12-20

    Farmers in Karnataka have taken to trading via the Unified Market Platform (UMP) of Rashtriya e-Market Services (ReMS) easily even as demonetisation has hit business across the country.

    “The Karnataka model of agriculture reforms brings in transparency in market operations. Simplified licensing conditions enables buyers anywhere in the state (or country) to participate in the market. The wide reach of the electronic platform leads to pri

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  • Ryots shrug off cash blues, accept online payments

    Bangalore, 2016-12-03

    Demonetization has hindered trading activities in agricultural markets across the country but Karnataka, a pioneer in the IT sector, has managed to minimize the damage, thanks to the automation of Agricultural Prod u c e M a rk e t C o m m i t t e e (APMC

    “Online payments in agriculture markets will gain further momentum if banks provide support by opening extension counters at markets and enable farmers to withdraw cash,“ he added.

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  • Online trade helps APMCs avoid demonetisation blues

    Bangalore, 2016-12-03

    The ReMS has started negotiations with Banks to tie up with APMCs for online mode of payment. Around 13 lots of Rs 6.8 lakh have been deposited in bank accounts of farmers, commission agents and the market fee has been paid to APMC’s settlement accounts.

    Even a few banks have come forward to encourage online payment in APMCs and also install ATM in APMCs. The ReMS has started negotiations with Banks to tie up with APMCs for online mode of payment.

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THE ORGANISATION

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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