Public sector Bank, Bank of Baroda has made an announcement about developing an agri-digital platform called ‘Baroda Kisan’ to provide solutions for all major agricultural requirements.
About the Project
- The project aims to provide a holistic approach towards solving agricultural plights by means of providing reliable and customised information, inputs for use, the convenience of renting farm equipment and market linkage for sale of agri-produces.
- Bank of Baroda has signed a memorandum of understanding (MoU) with Six companies viz. Skymet Weather Services, Weather Risk Management Services, BigHaat, Agrostar India, EM3 Agri Services and Poorti Agri Services for the project.
- The agri-digital platform will be executed by IT Centre of Excellence (ITCoE) of Bank of Baroda in partnership with IBM India.
- Baroda Kisan is aimed at digitization of digital services.
Baroda Kisan initiative is part of the Bank of Baroda’s initiative to keep up with the use of technology in the field of agriculture. Baroda Kisan aims to provide a dedicated platform for farmers to ease their requirements.
Category: Science & Technology Current Affairs