He also praised the Karnataka government for taking a lead in setting up of an online agri-trade system saying that the Centre will adopt best practices from the state model.
Addressing a conference of state agriculture ministers here, Singh said: "We believe that without reforming agri- marketing practices, we will not be able to deliver the true value of the farmer's produce to him. The second Green Revolution can only take off with a marketing revolution."
The Minister also emphasised on the need to modernise farm mandis for the benefit of farmers, traders and consumers in order to lower intermediation costs, wastage and prices for the final consumer.
The conference, attended by 23 states/UTs, discussed the Centre's scheme on setting up of online national agriculture market, which the Union Cabinet had cleared last week with an outlay of Rs 5,000 crore for the next five years.
Aiming to replicate Karnataka model at the national level, Singh said, "Such efforts of Karnataka are indeed worth a study in order to better appreciate the scope of Unified National Agriculture Market."
The Centre's proposed Online National Agriculture Market (NAM) will adopt many of the best practices from this model but also look at similar reform initiatives in other states to incorporate the same into its design, he said.
The Centre's online agri-trady platform will initially integrate 585 mandis across the country. The software would be provided free of cost to the states and in addition grant of up to Rs 30 lakhs per mandi as a one time measure for related equipment and infrastructure.
With the implementation of e-agri-trade platform, the government expects significant benefits through higher returns to farmers, lower transaction costs to buyers and stable prices and availability to consumers in a period of 5-7 years, he added.
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