Iffco to open e-bazaar in Koraput

The Indian Farmers Fertiliser Cooperative Limited (Iffco) will open an e-bazaar in Koraput district to bring farmers under digital platform and to ensure that they get fertilisers.

Iffco has already signed an MoU with the Regional Market Committee (RMC) of Koraput for the purpose, officials said.
Iffco has already signed an MoU with the Regional Market Committee (RMC) of Koraput for the purpose, officials said.

The Indian Farmers Fertiliser Cooperative Limited (Iffco) will open an e-bazaar in Koraput district to bring farmers under digital platform and to ensure that they get fertilisers. Through the e-bazaar, to be opened at Kunduli haat (weekly market) under Pottangi block, Iffco will sell various types of fertilisers used by the farmers. Iffco has already signed an MoU with the Regional Market Committee (RMC) of Koraput for the purpose, officials said.

“At present, farmers are purchasing fertilisers from licensed traders in the market and most of the time they are being cheated in quality and quantity,” said Susant Kumar Padhi, Secretary RMC, Koraput.

By purchasing fertiliser from the e-bazaar, the quality of fertiliser will not only be ensured but also there will never be shortage of fertiliser, he said.

Infosys, Infosys Q4 results, quarter earnings, Q4FY24, profit, revenue, IT services company, dividend
Infosys Q4 Results: Profit jumps by 30% YoY to Rs 7,975 crore, FY25 revenue guidance revised
Hindustan Zinc, Vedanta Group, silver, silver producer, energy transition, silver market, environmental impact, quality standards, net-zero emissions
Vedanta’s Hindustan Zinc recognised as third largest producer of silver globally
vodafone, idea, vi, vodafone idea, agr, industry
May need more support from govt: Vodafone Idea CEO
cotton yarn spinners, cotton yarn, Operating margins, profitability, inventory loses, cotton prices, yarn prices, demand growth, readymade garments, home textiles
Operating margins of cotton yarn spinners to improve by 150-200 bps this fiscal, says CRISIL

Officials said the e-bazaar would be a place of cashless transaction. It would integrate the farmers with the digital platform and empower them by giving them access to knowledge and help them work together to get a better produce. The farmers would be provided agricultural inputs under a single roof.

Watch this also:


Around 8,000 farmers of Pottangi and Semiliguda blocks in the district will be immediately benefited by the e-bazaar, they said.

The electronic National Agriculture Market (e-NAM), a pan-India electronic portal with network among the existing agricultural produce marketing committees, launched by the union government, has started functioning at Kunduli haat from this month.

Officials said produces like ginger and potato of the district had been included under the e-NAM and traders from across the country were purchasing these products through online bidding.

Over 2,000 farmers have so far been registered under e-NAM. “To encourage more farmers to enrol in e-NAM, we have launched programmes like free transportation of commodities to the haat, cash benefits for farmers and free medical check-up of farmers at the haat,” said Padhi.

Get live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news.

First published on: 09-05-2017 at 16:16 IST
Market Data
Market Data
Today’s Most Popular Stories ×