e-NAM

About:

• E-NAM i.e. National Agriculture Market is a pan-India electronic trading (e-trading) portal.
  
  
• It seeks to network the existing physical regulated wholesale market (known as APMC market) through a virtual platform to create a unified national market for agricultural commodities.
  
  
• Benefits:
  • e-NAM platform promotes better marketing opportunities for the farmers to sell their produce through online competitive and transparent price discovery system and online payment facility.
    
    
  • It also promotes prices commensurate with quality of produce.
    
    
  • It provides single window services for all APMC related information and services. This includes commodity arrivals, quality & prices, buy & sell offers etc.
    
    
  
  
  

Recent development:

• Earlier trade used to happen either within the APMC or between two APMCs situated within same state.
  
  
• The very first Inter-State transaction in tomatoes has been carried out between trader of Bareilly e-NAM APMC of Uttar Pradesh and farmer of Haldwani e-NAM APMC of Uttarakhand.
  
  
• Similarly, the inter -State transactions in potatoes, brinjal & cauliflower have been carried out between the e-NAM mandis of Uttarakhand & Uttar Pradesh.
  
  
• In all the cases, e-payments have been made through e-NAM portal. This will help farmers get better market access, more buyers/ traders & realise better prices for their produce.