Introducing Comprehensive Electronic Bidding Facilities in Andhra Pradesh


The Director, National Commodity and Derivatives Exchange Limited (NCDEX) Spot Exchange Limited, Mumbai has submitted proposal for establishment of comprehensive electronic bidding facility in three Agricultural Market Committees in Andhra Pradesh to access the national market to the farmers and local traders.  The exchange is geared up to extend the comprehensive electronic bidding facility to over 30 markets in the State.  He has requested to consider introducing a similar system in APMC Markets in the State.

Government after careful examination of the proposal in consultation with the Commissioner and  Director of Agricultural Marketing has decided to introduce the comprehensive electronic bidding facilities in Khammam, Kesamudram, Nizamabad,  Miryalaguda, Guntur and Warangal Agricultural Market Committees and therefore hereby permit the Commissioner and  Director of Agricultural Marketing, A.P, Hyderabad to take necessary action for establishment of comprehensive electronic bidding facilities in the Agricultural Market Committees of Khammam, Kesamudram, Nizamabad, Miryalaguda, Guntur and Warangal and also hereby permit the Commissioner and  Director of Agricultural Marketing to incur expenditure for establishment of the centres from the concerned Agricultural Market Committees

This order issues with the concurrence of Finance (Expn.A&C) Department, vide their U.O.No.1106/84/A2/EAC/2013, dated 05-02-2013

Agricultural Marketing Department – National Commodity and Derivatives Exchange Limited (NCDEX)- Establishment of fully owned subsidiary spot exchange with the objective of developing and electronic pan India – Introducing Comprehensive Electronic Bidding Facilities in five selected Agricultural Market Committees in Andhra Pradesh as pilot project – Orders – Issued.

1) From the Director, NCDEX Spot Exchange limited, Mumbai,  Letter No.NCDEX/MD/RRS/KM/2808(A)/2012, dated 28-08-2012.
2) From the Director, NCDEX Spot Exchange limited, Mumbai,  Letter No.NCDEX/MD/RRS/KM/2808(A)/2012, dated 19-10-2012.
3) From the Director, NCDEX Spot Exchange limited, Mumbai,  Letter No.NCDEX/MD/RRS/KM/2808(A)/2012, dated 14-12-2012.
4) From the  Commissioner and  Director of Agricultural Marketing Letter No.Projects/53/2011, dated 20-12-2012.
5) Govt.Memo.No.12431/AM.IV/2012, Agri. & Coop. (AM.IV) Department, dated 10-1-2013.
6) From the  Commissioner and  Director of Agricultural Marketing Letter No.Projects/53/2011, dated 17-1-2013.

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