e-Rashtriya Kisan Agri Mandi (e-RaKAM)

e-Rashtriya Kisan Agri Mandi (e-RaKAM)

• Government launched a portal e-Rashtriya Kisan Agri Mandi (e-RaKAM) which will provide a platform to sell agricultural produce. 
• 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 1st July 2017. 
• e-RaKAM 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.