The Union Government on 1 August 2017 launched a portal, e-RaKAM, to provide a platform to sell agricultural produce.
The portal is a joint initiative by state-run-auctioneer MSTC and Central Warehousing Corporation arm CRWC.
The platform is a digital initiative that aims to bring together the farmers, PSUs, civil supplies and buyers on a single platform to ease the selling and buying process of agricultural products.
• The e-RaKAM is a first-of-its-kind initiative that leverages technology to connect farmers of the smallest villages to the biggest markets of the world through internet and e-RaKAM centres.
• While launching the portal, the Union Consumer Affairs, Food & Public Distribution Minister Ram Vilas Paswan stated that the effort should be to auction 20 lakh tonnes of pulses in the first phase through the platform.
• With the help of the platform, various crops whose price increases due to rainfall or bad weather conditions will be managed and get the market.
• The portal aims at strengthening the agriculture-oriented Indian economy and farmers, who play an important role in national development.
Who: Union Government
What: Launched e-RaKAM portal
When: 1 August 2017
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