North East Region Agri Commodity E-Connect (NERACE)

On 12th July, 2024, Union Minister for Communications and Development of the North Eastern Region (DoNER) launched the North East Region Agri Commodity E-Connect (NERACE) with an aim to integrate farmers and sellers, enhancing agricultural connectivity in the North Eastern Region.

Key Points

The NERACE app is intended to support agricultural and horticultural products and is designed to promote North East as a reliable partner in the international agricultural value chain.
It will promote local specialties like Black Rice, Kiwi, Large Cardamom, and medicinal plants in domestic and international markets.
The app will serves as a transformative web portal and mobile app, enhancing market connectivity by seamlessly connecting producers, buyers, and service providers, including transportation and cold storage solutions.
It will operate as a unique Farm to Business (F2B) marketplace, facilitating price negotiation, bookings, and real-time product availability across over 50 crop categories, with plans to onboard 50,000 producers and 5,000 buyers within five years.
NERACE aims to revolutionize the agricultural landscape of Northeast India by addressing challenges such as limited market access, perishability concerns, and dependency on intermediaries.