The Khammam Agricultural Market Yard after facing initial hiccups owing to resistance from a section of traders, launched an online electronic trading platform of cotton under the e-National Agricultural Market (e-NAM) which began on Wednesday.
In all 12,457 bags of cotton belonging to 5,625 farmers were traded through e-NAM platform on Wednesday under tight security arrangements at the market yard to ensure smooth conduct of the e-trading.
The online initiative is intended to free farmers from the menace of middlemen and enable them secure fair prices for their agriculture produce in a transparent manner.
However, it initially met with opposition from certain quarters due to misconceptions over the electronic system.
The officials concerned held a series of meetings with the farmers, traders and hamalis under the supervision of Joint Collector Vinay Krishna Reddy to sensitize them on the benefits of the e-NAM in the past couple of weeks.
The Khammam market yard officials have drawn up plans to introduce the electronic trading system under the e-NAM for red chillies also very soon.
The Agriculture Market Committee sources said that the e-NAM facility was introduced in trading of green gram, red gram and maize in the market yard recently.
Researchers from MIT and Lincoln Laboratory are developing innovative bioabsorbable fabrics that replicate how soft tissues naturally stretch.
A research team at the University of Limerick (UL) has introduced a groundbreaking method for producing carbon fiber through their…
Circ, Circulose, RE&UP, and Syre, have joined forces to create the T2T Alliance, an initiative focused on driving policy changes…
Sun Tekstil has partnered with Refabric, investing in its AI-powered design platform to accelerate digital transformation in the fashion industry.
Uplift360 showcased its chemical process that dissolves and re-spins para-aramid fibres, such as Kevlar and Twaron, into high-performance regenerated fibres.
Industrial Summit Technology, a company based in Shiga, Japan, introduced Imidetex, an innovative polyimide fibre designed to enhance composite applications.