The Union government has launched “e-RaKAM” portal to provide a platform to sell agricultural produce. What does ‘RaKAM’ stands for?
[B] Rashtriya Kisan Agriculture Mandi
[C] Rashtriya Kisan Agricultural Mandi
[D] Rashtriya Kisan Agri-farming Mandi
The Union government has recently launched a portal e-Rashtriya Kisan Agri Mandi (e-RaKAM) which will provide a platform to sell agricultural produce. The e-RaKAM is a first of its kind initiative that leverages technology to connect farmers of the smallest villages to the biggest markets of the world through internet. Food and Consumer Affairs Minister Ram Vilas Paswan and Union Minister of Steel Chaudhary Birender Singh jointly launched the portal in New Delhi on August 1, 2017. The portal is a digital initiative bringing together the farmers, PSUs, civil supplies and buyers on a single platform to ease the selling and buying process of agricultural products. Under this initiative, e-RaKAM centres are being developed in a phased manner throughout the country to facilitate farmers for online sale of their produce. The farmers will be paid through e-Payment directly into their bank accounts.