BSE launches e-agricultural spot market platform ‘BEAM’

BSE Ltd. has launched an electronic spot platform, BSE E-Agricultural Markets Ltd (BEAM) , for agricultural commodities through its subsidiary BSE Investments Ltd.
BEAM will function as a national level, institutionalised, electronic, transparent commodity spot trading platform in line with the Prime Minister’s vision to create a single market.
With the help of BEAM, farmers in one state will be able to reach out to markets in other states and auction their produce.
The farmers will be able to discover best prices for their produce based on the quality, as well as build capacity to help intermediaries, processors and exporters procure from states.