Implementation of Mandi Modernization Program at Gulbarga APMC, Karnataka

NCDEX e-Markets Ltd (NeML), India’s leading Agri-tech company’s Implementation of Mandi Modernization Program (MMP) is a major revolution in the world of primary Agri markets of India. The process of digitization in primary markets in the country started with this first step in Gulbarga APMC, Karnataka way back in 2011. The seed of primary market digitization was first planted by the State Government of Karnataka jointly with the help of NeML (formerly known as NSpot – NCDEX Spot Exchange), under the leadership of Mr. Chandra Mohan (Former Secretary APMC Gulbarga), Mr. Ramaseshan (MD NCDEX) and Mr. Ravindra Shevade (NeML, CTO).

Continue reading →

e-Agri Markets during COVID-19 Pandemic

Covid-19 Pandemic in India has led to mass reverse migration of labour from the urban centres to their rural roots. Since announcement of the unavoidable first phase of lock-down on Mar 23 2020, by the honourable Prime Minister of India, the economic activities came to a standstill. Most industrial centres and the states that provided jobs to the rural migrants could not support them anymore. Extension of lock-down after the first phase of 21 days led to un-anticipated hardships for the migrant labourers.

Continue reading “e-Agri Markets during COVID-19 Pandemic” →

Resilience At Farm-Gate Amidst Covid-19 Pandemic

Living within means comes naturally to a Smallholder Farmer (SHF) in India. It is estimated that almost 70% of Indian farmers are SHFs. It is also true that Small Scale Enterprises (SSEs) account for the bulk of industrial production in the country.

Continue reading “Resilience At Farm-Gate Amidst Covid-19 Pandemic” →

An Agricultural Roadmap For A $5 Trillion Economy: Part 2

In the first part of this two-part series, we covered how enhanced cost efficiencies and farm productivity can boost the agricultural sector’s contribution to India becoming a $5 trillion economy by 2025.

Continue reading “An Agricultural Roadmap For A $5 Trillion Economy: Part 2” →

An Agricultural Roadmap For A $5 Trillion Economy: Part 1

NeML

Agriculture is one of the most important drivers of the Indian economy. As per the World Bank’s ‘World Development Indicators’ survey released in Dec 2019, the agriculture sector employs around 43% of India’s population and as per the ‘Economic Survey 2019-20’ presented by the Hon. Finance Minister, Ms. Nirmala Sitharaman in Jan 2020, agriculture contributes 16.5% to the country’s Gross Value Added (GVA).

Continue reading “An Agricultural Roadmap For A $5 Trillion Economy: Part 1” →