Speaking at the foundation ceremony of Sri Konda Laxmani Telangana State Horticulture University at Mulugu village in Medak district in Telangana, he said the new software could break the virtual and connectivity barriers of agricultural markets and will benefit the farmers in getting fair prices.
According to an official release, the minister said Karnataka was able to bring 50 agricultural markets on one platform for the benefit of farmers.
"Twelve states, including Telangana, have sent proposals regarding this and the Centre will sanction Rs 30 lakh to each agricultural market," he said.
An amount of Rs 10 crore has been released to the university in the financial year 2014-15. Rs 75 crore have been allocated in the current financial year, out of which Rs 37.5 crore has already been released as the first instalment.
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"With the establishment of this university, we are confident that the agricultural education and agriculture in general and horticulture in particular will get much needed boost," the minister added.
Chief Minister of Telangana K Chandrashekar Rao requested the Union Minister for the Centre's help in making the Telangana as seed bowl of the world.