Prime Minister’s flagship program e-NAM has achieved another milestone by commencing inter-State trade between mandis of two different States using e-payments.
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.
Dear Student,
You have still not entered your mailing address. Please enter the address where all the study materials will be sent to you. (If applicable).