Computerized Auction System

There is a scope for bringing more transparency in auction systems being held at APMCs in the State. As a part of modernization of markets GoM has decided to introduce computerized auction system at some markets on pilot basis. The PPT team has visited Karnataka State during 16/03/2010 to 20/03/2010 to study the computerized auction system implemented at Mysore and Tumkur markets. Based on the study of computerized auction system in Karnataka by PPT, MACP the computerized auction system is proposed in 20% of the APMCs taken up for modernization. Main objective of introducing computerized Auction system is to bring in complete transparency in the process of auctioning which will enable the farmers to get the maximum price of his produce.

Computerized  auction system is an innovative idea and first experiment in the State. Computerized auction system is dependent on the quantum of arrival of produce which is traded through the system. One or few of the non perishable commodities among soyabean, tur, wheat, jawar, bajara, and maize will only be selected for computerized auction system in the beginning. Similarly, selection of IT infrastructure will be done based on the quantity of arrivals and geographical area of the market. This will help streamline the process of computerization of auction system at the APMC.
The computerized auction system is proposed to be divided into five stages as:
i) Gate entry,
ii) Quote entry,
iii) Price declaration,
iv) Cess assessment and
v) Farmer receipt,
for proper executions of all processes of the auction system.

Read more...
There is a scope for bringing more transparency in auction systems being held at APMCs in the State. As a part of modernization of markets GoM has decided to introduce computerized auction system at some markets on pilot basis. The PPT team has visited Karnataka State during 16/03/2010 to 20/03/2010 to study the computerized auction system implemented at Mysore and Tumkur markets. Based on the study of computerized auction system in Karnataka by PPT, MACP the computerized auction system is proposed in 20% of the APMCs taken up for modernization. Main objective of introducing computerized Auction system is to bring in complete transparency in the process of auctioning which will enable the farmers to get the maximum price of his produce.

Computerized  auction system is an innovative idea and first experiment in the State. Computerized auction system is dependent on the quantum of arrival of produce which is traded through the system. One or few of the non perishable commodities among soyabean, tur, wheat, jawar, bajara, and maize will only be selected for computerized auction system in the beginning. Similarly, selection of IT infrastructure will be done based on the quantity of arrivals and geographical area of the market. This will help streamline the process of computerization of auction system at the APMC.
The computerized auction system is proposed to be divided into five stages as:
i) Gate entry,
ii) Quote entry,
iii) Price declaration,
iv) Cess assessment and
v) Farmer receipt,
for proper executions of all processes of the auction system.

Go top...