February 25, 2021 6:01 PM

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50 FPOs supported by NABARD and Karnataka govt link to Unified Market Platform of Rashtriya e-Market Services in Bengaluru

<span style="color: #222222;">In Karnataka, 50 Farmer Producer Organisations, FPOs supported by NABARD and state Government were linked to Unified Market Platform of Rashtriya e-Market Services in Bengaluru today. These FPOs will now be accessible by 44,000 traders registered across 162 markets trading in agricultural commodities. </span><br />'' <br />'' <span style="color: #222222;">The online e-market platform has helped trading 81 million metric tonnes of agricultural commodities worth Rs 2,14,287 crore benefitting 21.2 million farmers. The Chief General Manager of NABARD Karnataka region Niraj Kumar Verma has said that Unified Market Platform has created a hassle free market, helping farmers obtain the best price for their produce. </span><br />'' <br />'' <span style="color: #222222;">The Managing Director and Chief Executive Officer of Rashtriya e-Market Services in Karnataka, Dr. Manoj Rajan has said that the online market facility is enabled with multiple price discovery mechanisms and post auction processes like fair weighing, invoicing, market fee collection, accounting, payment and sale proceeds.</span><br />''  

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