UMP Paves Way For A Sustainable Karnataka


In the recently announced Karnataka State Budget 2018, the Hon. CM Shri Siddaramaiah acknowledged the Unified Market Platform (UMP) as one of the key drivers for the State’s sustainable growth.

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Demystifying ‘Interoperability’

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:

Interoperability Infographic

Farmers Finance of Rs. 3362 crores on NeML e-Pledge


NCDEX e Markets Ltd. (NeML)’s e-Pledge is a unique service which leverages NeML’s domain expertise in the commodity spot markets to bring together critical stakeholders – the Borrowers (primarily Smallholder Farmers, Traders, Aggregators and Processors), the Warehouse Service Providers (WSPs) and the Lenders (primarily Financial Institutions like Banks) on a single, robust online platform.  Continue reading “Farmers Finance of Rs. 3362 crores on NeML e-Pledge”

‘Recognise & Reward’: How UMP is helping create ‘One Nation, One Market’ for Agriculture


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).

Continue reading “‘Recognise & Reward’: How UMP is helping create ‘One Nation, One Market’ for Agriculture”

UMP: The Next Game Changer After GST?

With ‘One Nation, One Tax’ becoming a reality in the form of GST, India has now taken a firm step towards realising its goal of becoming ‘One Nation, One Market’ for Agricultural Commodities. However, Agricultural Marketing being a State subject, special attention needs to be given by the States to be part of this grand vision. A good example is the market reforms undertaken in the State of Karnataka through the Unified Market Platform (UMP) – an Online e-Trading Platform for Agricultural Produce. Continue reading “UMP: The Next Game Changer After GST?”