In an attempt to take digitalization to the agriculture fields, the union agriculture ministry signed an MoU with five top rated firms involved in marketing of agriculture produce through digital platforms. The move is aimed at increasing the revenues of the farmers by creation of better digital marketing infrastructure.

e Markets Limited(NeML), the leading National Spot Exchange in India, will implement the project in Guntur district of AP, Nasik (Maharashtra) and Devanagere of Karnataka. NCDEX e Markets Limited (NeML) works with domain experts and offers trading platforms for trading in a host of commodities, both agricultural and non-agricultural to various market participants, primary producers including farmers, traders and processors. These trading platforms combine technological efficiency and market friendly trading features in a transparent Atmosphere to make trading a rich and rewarding experience. With a national presence, the company has pioneered breakthrough initiatives like Mandi Modernization Program (MMP), e-Pledge and e-Marketing. NeMLs proposed digital marketplace would help enhance the livelihood of farmers and promote inclusive development in the Agriculture-notes-for-state-psc-exams”>Agriculture sector particularly in AP.

NeML’s four Services including market linkages, aggregation of demand, financial linkages and data sanitization will serve as a foundation to build innovative agri-focused solutions by leveraging technologies to contribute effectively towards increasing the income of farmers and improve farm efficiency/efficiency of the agriculture sector in the country with an overall goal of doubling of farmers’ incomes.