Agri News : Online national agriculture market will start in Feb 2016

Online national agriculture market is going to start in February 2016 with integration of near about 200 wholesale markets from states Karnataka, Gujarat, Telangana. Cabinet had approved budget of Rs 200 crore for setting up of an online national agriculture market. Online national agriculture market provide more options to farmers to sell their product by integrating 585 wholesale markets across India. "We have a target to integrate 585 mandis. Of which, I think we will have at least 200 mandis ready for integration to start the operation in February 2016," Agriculture Minister Radha Mohan Singh said.

The Karnataka, Gujarat, Telangana and Maharashtra states have given proposals for developing necessary infrastructure in 164 wholesale markets. Karnataka has completed work in 50 wholesale markets. Government has sanctioned Rs 12 crore to Gujarat for developing infrastructure in 40 mandis, Rs 12.16 crore to Telangana for 44 mandis and Rs 9 crore to Maharashtra for 30 mandis.

A software would be developed for online integration of these mandis soon, he added. Online national agri-market is expected to give option to farmers to sell their produce in physical mandis or online platform.

Source:http://economictimes.indiatimes.com/