E-RaKAM

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  • The government on Aug 1, 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.

  • Launching the portal with Steel Minister Chaudhary Birender Singh, Consumer Affairs, Food & Public Distribution Minister Ram Vilas Paswan said aim was to auction 20 lakh tonnes of pulses in the first phase through the platform.

  • The initial hurdles will be there as most of the farmers are illiterate and are in bad condition, Paswan said, as per a joint statement issued by MSTC and CRWC.

  • It added that now various crops whose price increases due to rainfall or bad weather conditions, will be managed and get the market.

  • He said even transport will face initial hurdles that will be sorted out over time.

  • 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.

  • E-RaKAM is developed by MSTC Limited and supported by marketing & logistics partner CRWC Limited.

  • E-RaKAM is a digital initiative bringing together the farmers, FPOs, PSUs, civil supplies and buyers on a single platform to ease the selling and buying process of agricultural products.

  • Under this initiative, e-RaKAM centres are being developed in a phased manner throughout the country to facilitate farmers for online sale of their produce.

  • The statement said farmers would be paid through e-Payment directly into their bank accounts.