Reiterating the Government’s commitment to double farmers’ income by 2022, the Union Budget 2018 has given a big boost to the Indian Agriculture sector.
Announcing a slew of new schemes, as well as enhancing support for existing schemes, to the tune of Rs. 14.34 lakh crores, this is perhaps the first Union Budget after independence that has looked beyond Minimum Support Prices (MSP) to enhance farmers’ incomes.
Ever since we first published the ‘5 Steps To Create A National Agriculture Market (NAM) In India’ two months back, we had several discussions with various stakeholders of the agriculture markets ecosystem on the core component of NAM – Interoperability, and were surprised by the subjective understanding many had about the same.
Below are 5 simple suggestions to ensure everyone is on the same page when it comes to Interoperability:
Until 2 years back, the Maize growers of Odisha’s Nabarangpur district had little option but to sell their produce in local markets during glut season due to a lack of access to distant markets. This changed in Dec 2015 when the Odisha State Agricultural Marketing Board (OSAMB) launched a Market Access Project in Nabarangpur and roped in NeML to provide an e-trading platform to improve market access and facilitate direct sale. Continue reading “After Maize and Mangoes, Odisha’s farmers to now sell Sweet Potatoes online!”
When it comes to agriculture market reforms to enhance farmers’ income, the success story of Karnataka’s Unified Market Platform (UMP)* stands out. By seamlessly connecting all 157 mandis (APMCs) in the State through the UMP and introducing the ‘Unified License’ – a single trading license for purchase and sale of agricultural produce through any APMC in the State – Karnataka has pioneered in successfully creating India’s first State Agriculture Market (SAM).