Tobacco Board on 16 November 2012 launched the first tobacco e-auctioning platform located at Periyapatna in Mysore district in Karnataka.
The Tobacco Board plans to introduce e-auctioning in all the 11 auction platforms in Karnataka by the by the end of November 2012.
The e-auctioning system is going to provide farmers an assured and remunerative price for their crop through a transparent bidding process.
Although earlier farmers were getting remunerative prices in the manual auctioning system and receiving assured payments in time, there were certain disadvantages such as cartelisation of trade, discrimination in the allotment of bales, price ceiling, and errors in recording the price and weight. To curb such malpractices and to ensure transparency in the bidding process, it was decided to go for e-auctioning.
The concept of e-auction was implemented as a pilot project for marking of Flue Cured Virginia (FCV) tobacco at J.R. Gudern–II auction platform in Andhra Pradesh in 2008 season for a limited period and later at Hunsur for five months.
NIIT Technologies Ltd., New Delhi, is the service provider and had designed the e-auction project in all the auctioning platforms under build-own-operate model for six years.
There are nearly 42,000 registered tobacco cultivators in Karnataka which is going to be benefitted from the system.
Tobacco Board went Hi-Tech, Launched e-auction in Karnataka
India Current Affairs 2012. Tobacco Board on 16 November 2012 launched the first tobacco e-auctioning platform located at Periyapatna in Mysore district in Karnataka...
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