The Khammam Agricultural Market Yard after facing initial hiccups owing to resistance from a section of traders, launched an online electronic trading platform of cotton under the e-National Agricultural Market (e-NAM) which began on Wednesday.
In all 12,457 bags of cotton belonging to 5,625 farmers were traded through e-NAM platform on Wednesday under tight security arrangements at the market yard to ensure smooth conduct of the e-trading.
The online initiative is intended to free farmers from the menace of middlemen and enable them secure fair prices for their agriculture produce in a transparent manner.
However, it initially met with opposition from certain quarters due to misconceptions over the electronic system.
The officials concerned held a series of meetings with the farmers, traders and hamalis under the supervision of Joint Collector Vinay Krishna Reddy to sensitize them on the benefits of the e-NAM in the past couple of weeks.
The Khammam market yard officials have drawn up plans to introduce the electronic trading system under the e-NAM for red chillies also very soon.
The Agriculture Market Committee sources said that the e-NAM facility was introduced in trading of green gram, red gram and maize in the market yard recently.
Circ, based in Danville, Virginia, has announced a new partnership with Xinxiang Bailu Chemical Fiber, one of the world’s major…
Lycra will introduce its new Coolmax CloakFX fibre, designed to make garments look drier by reducing the visibility of sweat…
Avavav has continued its exploration of innovative materials by presenting new garments made with recycled viscose pulp from OnceMore during…
Vegea has increased the production capacity of its biobased material, GrapeSkin, as interest grows in alternatives to fossil-based and animal-derived…
Puma has announced a partnership with Chinese materials company Shincell to develop the next generation of its NITRO running foam.
Thermore, a company in thermal insulation, has introduced Ecodown Fibers T2T. The new free-fibre insulation is produced entirely from recycled…