e-Rashtriya Kishan Agri Mandi (e-RAKAM) - Ministry of Agriculture & Farmers Welfare | Current Affairs | Vision IAS

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e-Rashtriya Kishan Agri Mandi (e-RAKAM)

Updated: 16 Oct 2025
Ministry: Ministry of Agriculture & Farmers Welfare
Beneficiary: Farmers

Overview

e-RAKAM is a joint initiative providing an online auction platform that enables farmers to sell produce directly for fair prices, ensuring payment directly to their bank accounts.

  • It is joint initiative of MSTC Ltd. (a Mini Ratna PSU under the administrative control of the Ministry of Steel) and Central Railside Warehousing Company. 
  • It is an auction platform to help farmers get reasonable price for the produce and not fall prey to middlemen.
  • The farmers are paid directly into their bank accounts.