02 August 2017 Current Affairs: The Union Government launched e-Rashtriya Kisan Agri Mandi (e-RaKAM) portal to provide a platform for farmers to sell agricultural produce.
It is a digital initiative that aims to bring together the farmers, PSUs, civil supplies and buyers on a single platform to ease the selling and buying process of agricultural products. It has been developed by state-run-auctioneer MSTC Limited and CRWC (Central Railside Warehouse Company) Limited.
Under this initiative, e-RaKAM centers are being developed throughout the country in a phased manner to facilitate farmers for the online sale of their produce.
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