Vellore regulated market goes digital

Updated - November 29, 2017 at 05:05 PM.

The Vellore Regulated Market is in transition.

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Produce arriving at the Vellore regulated market
Produce being weighed at the Vellore regulated market
A oil miller assesses the quality of groundnuts before placing a bid on his mobile app at the Vellore regulated market
A trader checks out a batch of groundnuts for quality at the Vellore regulated market
Ragi being bagged for weighing at the Vellore Regulated market
A staff member at the Vellore regulated market writes down the top bid price of commodities for the day
High bids are projected on an electronic screen at the auction hall in the Vellore regulated market

The Vellore Regulated Market is in transition. Computers and paper files; electronic screens and chalk boards; mobile apps and paper labels; and online money transfer or cash payments all operate in parallel. At neighbouring market in Ammoor, one of the 12 markets under the Vellore Market Committee a couple of weeks back 100 per cent of paddy sale proceeds were online. Photos: Bijoy Ghosh

Published on May 2, 2024 14:58