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Agent locked Commission

premises Agent locked

premises or

Ware house

4 Sampling Heap Heap Representative Sampling

5 Weighment Traditional (it Electronic Electronic integrated

may take up to integrated weighment (done in few

2 days) weighment minutes)

(done in few

minutes)

6 Weighment waiting It may take On the same On the same day of

period minimum 2 day of trading

days trading

7 Auctioning Daily open Daily online Daily online auction

auction auction

8 Farmer Participation Commission Commission Only farmer

agent, agent or

invariably farmer

9 Waiting period for Up to 5 days Same day Same day

selling commodities

11 Payment Mode Payment is Payment is Payment is done within 24

done after 15- done after hours of trading. Online

20 days (For 15-20 days transfer only.

same day (For same

payment day payment

additional 2% is additional

collected from 2% is

farmer). Cash or collected

cheque. from farmer).

Cash or

Cheque.

12 Sale Quantity No restrictions No No restrictions

Restrictions restrictions

13 Percentage of Commission is Commission No commission

Commission and paid by the is paid by the

Commission paid by Farmer to the Purchaser to

Commission the

Agent @ 2% Commission

Agent

14 Market Fee 1% 1% 1%

percentage

17 Market Nature Primary Primary/Seco Primary/secondary

ndary

90