Two more grad­ing ma­chines for on­line potato auc­tion­ing

Business Bhutan - - Money - Kr­ishna Ghal­ley from Phuentshol­ing

Food Cor­po­ra­tion of Bhutan Lim­ited (FCB) in col­lab­o­ra­tion with Royal Se­cu­ri­ties Ex­change of Bhutan Lim­ited (RSEBL) has added two more potato grad­ing ma­chines in the main auc­tion yard in Phuentshol­ing.

Funded by RSEBL, these two ma­chines are ex­pected to boost the sys­tem of on­line auc­tion­ing of pota­toes for the farm­ers to fetch bet­ter prices. Al­ready FCB in­stalled one ma­chine last year. The ma­chines will be used once on­line auc­tion starts from Septem­ber.

The ma­chines pro­cured at a cost of Nu 14mn will help the farm­ers to help in grad­ing the pota­toes in the on­line mar­ket. Ma­chines will pri­mar­ily help in the stan­dard­iza­tion of the prod­uct mak­ing it ex­port qual­ity which will fetch bet­ter prices for the farm­ers. On­line trad­ing of pota­toes have fetched around Nu 2 more than con­ven­tional auc­tion­ing.

The pota­toes graded through the ma­chine are also ex­pected to cre­ate the coun­try’s brand and recog­ni­tion. Since the pota­toes un­like the man­ual grad­ing will be graded into dif­fer­ent sizes fairly, it will re­duce the farm­ers’ bur­den to grade man­u­ally. “There have been cases where the traders are cheated by pack­ing smaller pota­toes at the base by the farm­ers,” said an of­fi­cial from Agri­cul­ture Mar­ket­ing and Ser­vices Depart­ment of FCB, Tsh­er­ing Dorji.

FCB in col­lab­o­ra­tion with RSEBL is try­ing to pro­mote on­line mar­ket­ing for the pota­toes for the ben­e­fit of the farm­ers. The on­line mar­ket­ing has nu­mer­ous ad­van­tages as com­pared to the con­ven­tional auc­tion­ing which the farm­ers have been prac­tic­ing so far. The on­line trad­ing is ex­pected to pro­mote prompt pay­ment for the farm­ers af­ter agree­ing on the prices and also re­duce wait­ing time for the farm­ers.

FCB in col­lab­o­ra­tion with RSEBL started on­line auc­tion sys­tem from 2016. The on­line potato auc­tion reached Nepal ac­cord­ing to FCB of­fi­cials.

This year, FCB has al­ready pro­cured two more grad­ing ma­chines to fa­cil­i­tate on­line auc­tion­ing for the farm­ers. “We are do­ing so be­cause that’s the fu­ture,” said FCB’s Chief Ex­ec­u­tive Of­fi­cer Naiten Wangchuk. With boost in har­vest, the only op­tion is to ex­port out­side. The ex­port needs com­pet­ing against other coun­tries with price and qual­ity. For Bhutanese, com­pet­ing with qual­ity is an ad­van­tage. The two ma­chines have been in­stalled in Phuentshol­ing to­ward this end.

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