agribazaar opens procurement centres in Rajasthan

Farmers can benefit as there is immediate trade settlement etc

In a move to enable digital access to a wider marketplace for farmers, agribazaar has opened new farmer and procurement centres in Dayra Kota, Tarela Bundi, Baran, Samraniya, Genta, Nahargarh, Dei, Nainwa and Karwar in Rajasthan.

The average warehousing capacity is 10,000 MT and 20 FPOs are part of the network that will trade wheat, mustard, soybean, paddy, maize and chana.

Farmers can benefit as there is immediate trade settlement, near to zero mandi expenses, payments within a few hours of trade settlement and direct price negotiation with the buyers, whereas millers have benefited as there is complete transparency on stock bought and the stock showed (reconciliation of kaccha parcha and physical stock), bidding from the buyer and not the purchaser and zero freight for storage of goods in a godown.

Farmers can benefit as there is immediate