Karnataka to launch livestock trading online portal

Q.  Karnataka government will launch an online portal for trading what?
- Published on 14 Dec 16

a. Livestock
b. Cattle
c. Sheep
d. All of the above

ANSWER: All of the above
 
Karnataka to launch livestock trading online portalThe Karnataka government is set to launch an online portal for trading livestock.

It will start with the auction of cattle and sheep.

The portal would allow buyers and sellers to make their choice based on online profiles of the cattle.

The scheme is aimed at saving the dairy farmers from being swindled by brokers during the trade.

Rolled out in 27 APMC markets and aims to put an end to complaints from dairy farmers who are duped by brokers, who bring livestock to cattle fairs for trade, the cattle trading software, developed by ReMS, will enable buyers and sellers to search and select cows of their choice based on their online profiles.

Tens of thousands of cattle and sheep in the state will soon get online profiles, complete with
  • photographs,
  • video footage,
  • vital stats, age,
  • animal’s vet and feed history
  • UID number.

  • How Online Trade Works

  • Buyer and seller apply online for membership to auction their livestock.
  • Members follow the trading rules.
  • Seller submit lots of cattle for sale and also post snaps and details.
  • Money will be transferred online through e-banking system.
  • Auction will present in preset order and awarded high bidder.

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