Millennium Post

Agri Ministry nod to e-sale of agro produce

Aiming to create an appropriate e-market platform that would be deployable in wholesale regulated markets across states and UTs, the Ministry of Agriculture has approved a Central Sector Scheme to promote online sale of agriculture produce. The scheme which is based on promotion of national agricultural market through Agri-Tech Infrastructure Fund (ATIF) has been allotted a corpus fund of Rs 200 crore.

The platform, according to Minister of State for Agriculture Mohanbhai Kundaria, will enable development of an alternative marketing channel, enhance transparency in auction process and number of buyers, resolve information asymmetry, improve market access by integrating warehouse based sales and will facilitate migration towards a barrier free national market.
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