• 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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  • Farm commodities worth Rs 71,624 cr sold online in state

    Belagavi, 2017-11-23

    The launch of online agricultural marketing in Karnataka during the last three years since 2014 has succeeded in transaction of farm commodities worth Rs 71,624 crore (89 lakh lots) in the State

    Karnataka’s Agriculture Minister Krishna Byre Gowda told the Legislative Assembly on Thursday that undeclared transactions in APMCs have been reduced owing to a unified market platform (UMP).

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  • Karnataka agriculture markets go online, allow farmers better value for their produce

    Bangalore, 2017-07-20

    Farmers in Karnataka are smiling. For ages, they were at the mercy of traders and commission agents who dictated prices, even for premium produce. But suddenly now, the world has become their marketplace.

    Farmers are also benefiting from real-time prices. An analysis of 20 commodities, including Byadgi chilli, Bengal gram, tamarind, black gram and tur dal, shows a 15-45 per cent price increase.

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  • 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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  • ‘Recognise & Reward’: How UMP is helping create ‘One Nation, One Market’ for Agriculture

    Bangalore, 2017-07-17

    When it comes to agriculture market reforms to enhance farmers’ income, the success story of Karnataka’s Unified Market Platform (UMP)* stands out.

    The UMP is an initiative of Rashtriya eMarket Services Pvt. Ltd. (ReMS) – a Joint Venture Company of NeML and the Karnataka State Govt.

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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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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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