Transparency and speed in Market yard transactions enabling measurable cost savings and improving efficiencies.
Provide a platform for e-Procurement as well as a catalogue of various goods and services.
Farmers have choice to sell their produce in the nearest market at remunerative prices.
Nationwide market information for wholesale agriculture produce.
Information availability at the Markets on Daily market prices across the Country.
Information on loans, policies and regulations.
Inward Gate entry through Mobile / Handheld devices: Details like Inward entry Serial number, Date and Time, Farmer name, Product details, and approximate weight,
Outward Gate entry: Details like products unloaded, Commission Agents Name, and the approximate quantity unloaded will be captured with Inward Serial number date and time.
Stock Update: System will update the stock available with the Commission Agents on receipt and Sale of the products.
Auction price and Weighment details: System will enable capture of Auction prices and weighment details for each and every sale.
Back end process: System will calculate and update the following values on entry of price and weighment details for each sale:
Total Purchase Value
Fixed CA Commission
Weigh man Charges
Amount Payable by Trader to Commission Agent
Amount Payable by Trader to Government
Amount payable to the Farmer
Generation and Printing of Sale slips: System will automate generation and printing of Sale slips on capture of Auction Price and weighment details with automatic serial number.
Gate pass generation for the Trader: System will generate Gate pass to the trader, which gives Product, Weight, Price and Value details of all the purchases made by him for that day on entering his code number.
Check at the Out-gate: System will enable a weighment check at the exit gate, when the Trader submits the Gate pass for Outward entry with his products purchased.
Traders’ Monthly Returns: System will generate Monthly Returns of the Traders for the purchases made by them in the market yard.
MIS and Reports: System will provide the following Real-time and Online Reports:
Stock Inward Report for a given period
Stock with Commission Agents Report
Total Sales Report for a given period with details like Sales slip number, Date and Time, Products, Quantity, Price, Farmer, Trader name and Money
Report on Commission earned by the Commission Agents, report on Amounts payable by the Trader as Tax, Amount Paid to Farmers.
Traders Monthly Purchase Returns on purchases made by them in the Market yard.
Report on average prices of commodities that are sold in the market yard on daily basis.
Benefits of System
The effort through Market Yard Automation is to connect the Farmers Directly to the mainstream of economy.
By having a check on the “Zero” Transactions, the Revenue leakage to the Government can be Minimized
Pain areas related to Accounts and Administration can be overcome by automating the transactions and processes
Maintenance of Accounts – Bank Book, Cash Book, General Ledger and Financial Statements through the system.
Online check on Budget Availability.
Automatic Bank Reconciliation process
System tracks whether the Traders have paid due Taxes on time
Automatic computation & calculation of Interest / Penalty Charges.
Maintenance of HR Service records in the system and Payroll processing through the system.