Union Cabinet gives nod for setting up of Online National Agriculture Market
Union Cabinet has approved setting up of an Online National Agriculture Market that will provide more options to farmers for selling their produce.
Decision in this regard was taken at a Union Cabinet meeting presided by Prime Minister Narendra Modi in New Delhi.
For online national agriculture market, an online platform will be set up. On this platform farmers will be able to sell and buy vegetables, fruits and other produce from across the country.
In this regard, Union government will also establish an agency to oversee online trading and ensure that transactions take place smoothly. This online agriculture market will also focus on creating godowns and facilitate transportation of the farm produce after the online trade.
Presently, farmers are restricted to sell their produce at traditional mandis or market committees which are charging various taxes on producers. This platform will also give choice to farmers to sell the farm produce both in traditional mandis or online platform and boost their incomes and improve availability, moderating price rise.
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Month: Current Affairs - July, 2015