Union Government launches e-RaKAM portal for selling agricultural produce

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.

Created On: Aug 2, 2017 12:01 ISTModified On: Aug 2, 2017 12:28 IST

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.

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Key highlights

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.

Source: PTI

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