• Demonetization lesson: Why linking of online trading to farmers’ bank accounts must happen fast

    Bangalore, 2016-11-23

    Trading in almost all of Karnataka’s commodity mandis has gone online after the state adopted pioneering root-and-branch reforms in early 2014.

    But if progress in making payments directly into the bank accounts of farmers were as swift, the decline in business after the demonetisation of high value currency notes might have been arrested

    With direct transfers to bank accounts, farmers will be able to develop a credit profile. This will help them to access bank finance and be less dependent on traders and commission agents for credit. This de-linkage is essential for farmers to be free to

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  • APMC trade volume is down 38 per cent

    Bangalore, 2016-11-21

    Demonetisation prompts move to cheque and online payments

    The currency crunch resulting from denomination has hit trading in Agricultural Produce Marketing Committee (APMC) markets across Karnataka, bringing down the volume of trade by a sharp 38 per cent.

    Now that traders and commission agents have started paying in bank cheques, as an immediate measure, Manoj Rajan, Managing Director, and CEO, ReMS, and Additional Secretary, Agricultural Marketing Department, wants banks to open extension counters at mark

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  • ‘Online payments will now gain momentum in agri markets’

    Bangalore, 2016-11-20

    Vishwanath Kulkarni

    Bengaluru, November 20 Demonetisation has jeopardised trading in agricultural markets across the country. In Karnataka, considered a pioneer in agri-marketing reforms — most APMC [Agricultural Produce Market Committee]market yards in the State are already

    The environment is conducive now to start online payments. I think post-demonetisation, online payments in markets will gain momentum.

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  • Now, you can buy affordable timber online through govt's e-auction

    Bangalore, 2016-11-16

    The state forest department has launched an e-auction of wood. To take part in the auction, people can register themselves online and look up the list of products for sale on of Rashtriya e-Market Services (REMS), a joint venture of the govern

    The government said taking the process online will increase revenue from sales by at least 25%, which is around Rs 300 crore annually . Sources said the forest department has around 50,000 hectares of teak, rosewood and other major plantations.

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  • Karnataka’s farmers will have to produce marketable quality to gain from pioneering reforms

    Bangalore, 2016-11-11


    Manoj Rajan has plenty on his hands. He has three visiting cards for the three hats he is wearing. He gets a call from a district collector, and he discloses it sotto voce. He has to make a presentation in Delhi and the secret is shared. Karnataka’s cult

    Rajan wants to expand the number of farmers who have gained. A big communication exercise has been launched. . A large constituency of gainers invested in reform must be created so that reforms are not rolled back. For that the person at the top will hav

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  • Karnataka forward - E-platform a game-changer of country's agriculture market

    BANGALORE, 2016-11-03

    BENGALURU: Karnataka has pioneered several initiatives which have got national acclaim and have been followed by other states. In this new series starring today, TOI turns the spotlight on some of them and analyses what made them click.

    "Middlemen have always been a bane for farmers in the agriculture markets as they short-changed the small and marginal farmers by quoting the lowest prices. But with the successful launch of UMP, their role is increasingly getting eliminated as farmers g

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  • Why Karnataka scores with its eMarket model

    BANGALORE, 2016-10-18

    Bengaluru: Of all the APMC (agricultural produce market committee) reforms in India, Karnataka’s Rashtriya eMarket Services Pvt. Ltd, or ReMS, has been arguably the most popular one. The Congress-run state’s pioneering effort was mentioned even by Prime M

    UMP has multiple benefits, according to the government. Besides automating several of the crucial processes involved in the auctioning of a crop, such as weighing, invoicing and accounting, UMP helps farmers in discovering the best prices for their produc

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  • Karnataka bags award in e-market services

    BANGALORE, 2016-08-21

    Minister of State for Civil Aviation Jayant Sinha handing over the DL Shah Platinum Award to Manoj Rajan, Additional Secretary and managing director of Rashtriya e-Market Services, at the 11th National Quality Conclave 2016 held in New Delhi on Saturday.

    Karnataka's Rashtriya e-Market Services (ReMS) was awarded the DL Shah Platinum Award at the 11th National Quality Conclave (NQC), the annual flagship event of the Quality Council of India (QCI) held in New Delhi on Saturday.

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  • e-Platform for National Agricultural Market

    New Delhi, 2016-07-09

    Market Models in Karnataka

    Among various states of the country, Karnataka has been the forerunner in market reforms and in devising innovative practices to improve agricultural markets and competitiveness. The state was first in implementing Model APMC Act and it has been piloting

    Adopting Karnataka Model The success of UMP in Karnataka got countrywide attention and some states like Andhra Pradesh, Telangana, Maharashtra and Gujarat have already started adopting the Karnataka model. Impressed by the success of UMP in Karnataka, th

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  • National Agricultural Market

    Bangalore, 2016-05-02

    an Established System in Karnataka

    In the year 2013, the Government of Karnataka appointed Agricultural Marketing Reform Committee to develop a comprehensive roadmap for reforms along with identification of necessary interventions in the Agricultural Marketing Sector. Accordingly, the Gove

    Farmers in Karnataka are a privileged lot in comparison to the existing marketing situation as they get the best price not only in the mandis, but from traders based anywhere in the state as well, and that too on transparent online platform.

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  • ‘There is a better price realisation for farmers under the UMP’

    Bangalore, 2016-04-12

    Karnataka, a front-runner in agricultural market reforms, has implemented the online auction system through a Unified Market Platform (UMP) in over 100 markets over the past two years. UMP has streamlined market functions and has also brought in transpare

    Post-market reforms, the farmer’s share in the end consumer’s rupee has increased, says Manoj Rajan, MD and CEO of Rashtriya e-Market Services Pvt Ltd (REMS), a joint venture between the Government of Karnataka and NCDEX Spot, which has rolled out the UMP

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  • Karnataka's farmers reaping benefits of online commodity trading

    Bangalore, 2016-04-11

    The UMP through the Rashtriya e-Market Services (ReMS), a joint venture of the State and NCDEX Spot Exchange Ltd., has addressed the concerns of small and marginal farmers, who hitherto struggled for a better price.

    Delegates from Jammu and Kashmir, Tamil Nadu, Andhra Pradesh, Jharkhand, Odisha, Gujarat, Uttarakhand, Rajasthan and Chhattisgarh visited Karnataka last year to study the market reforms process.

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  • Karnataka shows the way on unified national agri market

    BANGALORE, 2015-01-29

    BANGALORE, January 29, 2015 The platform integrates 51 markets and aims at covering all the 155 main yards

    Owing to changing agricultural marketing environment, establishing a national market for agricultural and horticultural produce is one of the focus areas of the government.

    Absence of uniform regulations in States for the Agricultural Produce Marketing Committee (APMC) Act and lack of similar taxation system are considered to be major hurdles in establishing a common market.

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  • Breaking the middleman’s hold

    MUMBAI, 2014-12-10

    Agriculture market reform in Karnataka has made a start, but a lot needs to be done.It is close to 3pm at the APMC market in Tiptur, about 150 km from Bengaluru. A group of farmers is glued to a television screen in the market courtyard..

    Within a few minutes, there is an increase in the decibel levels as farmers talk excitedly to each other.No, the farmers are not watching a cricket match and are not getting worked up on a boundary or fall of wicket. Instead, they are tracking the screen

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  • Launch of online commodity trading in 35 APMC markets this year

    BANGALORE, 2014-05-23

    BANGALORE,MAY 23,2014 For the benefit of farmers, the State government has decided to launch online trading in various commodities through the Rashtriya e-Market Services (ReMS) in 35 major Agricultural Produce Marketing Committee (APMC) markets in the

    So far, online trading has been launched in Tiptur, Arsikere, Tumkur and Chamarajanagar markets.Addressing presspersons here on Wednesday, Minister for Agricultural Marketing Shamanur Shivashankarappa said the Unified Market Platform (UMP) through the ReM

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  • Unified online market for agricultural produce is a reality

    BANGALORE, 2014-02-23

    Farmers can sell produce and receive payments online

    Chief Minister Siddaramaiah launched a unified virtual market for agricultural produce here on Saturday.

    The Chief Minister said his government wanted to empower farmers so that they could fix the price for their produce."A unified market is a step towards this direction as licensed traders can bid online for agriculture produces from anywhere and farmers wi

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  • Karnataka gets unified platform for commodity trade

    MUMBAI, 2014-02-22

    Rashtriya e-Market Services, a joint venture between NCDEX Spot Exchange and the Karnataka government, launched a first-of-its-kind unified market platform (UMP) in Karnataka on Saturday.

    The UMP will provide an electronic auction system across the state for transparent price determination.It will offer quality-based trading in Agricultural Produce Marketing Committees (APMCs) and online access to all APMC market functionaries.

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  • Karnataka govt releases Agri Marketing Policy '13 to boost competition

    BANGALORE, 2013-09-20

    Karnataka govt releases Agri Marketing Policy '13 to boost competition

    The Karnataka government recently released the Agricultural Marketing Policy 2013 in an effort to increase competition.

    augment capacity-building and introduce a single unified license market environment across the 30 districts in the stateShamanur Shivashankarappa, the state's horticulture and agro marketing minister, said it will be implemented by developing markets and

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  • New agricultural marketing policy unveiled

    BANGALORE, 2013-09-19

    Policy aims to increase competition, develop markets, empower farmers

    It is close to 3pm at the APMC market in Tiptur, about 150 km from Bengaluru. A group of farmers is glued to a television screen in the market courtyard.

    Within a few minutes, there is an increase in the decibel levels as farmers talk excitedly to each other.The government on Wednesday unveiled the Karnataka Agricultural Marketing Policy 2013 for "bringing in competition, enhancing capacity building, and u

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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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