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National Agriculture Market Launched
Apr 22, 2016

The Prime Minister, Narendra Modi, launched the pilot of e-NAM—the e-trading platform for the National Agriculture Market. The initiative will usher in transparency which will greatly benefit the farmers. This is a turning point for the agriculture community and the agriculture sector has to be looked at holistically, and it is only then that maximum benefit of the farmer can be ensured.

Around 58 percent people in India depend upon agriculture for their livelihood and Government is working hard for the welfare of the farmers and launch of National Agriculture Market is a step in this direction.

Salient Features

  • It will initially aim at integrating 21 mandis in eight states—Uttar Pradesh (6), Gujarat (3), Telangana (5), Rajasthan (1), Madhya Pradesh (1), Haryana (2), Jharkhand (1) and Himachal Pradesh (2).

  • The e-NAM trading mechanism proposes to integrate 585 regulated wholesale markets or agriculture produce market committees (APMCs) under one electronic platform within a couple of years.

  • This project will operate through an online portal which is being linked to the mandis of the States.

  • Its software will be provided to all the willing states without cost.

  • A knowledgeable person is being deployed for one year in every sharing mandi so as to facilitate the smooth functioning of the portal.

  • Under this Project, Government of India is providing a grant of Rs. 30 lacs to the proposed agriculture mandis of the states.

  • The farmers will be provided “farmer helpline services round the clock” for obtaining information related to this portal.

  • The eNAM will allow farmers to sell their produce to highest bidders.

  • Launched with a budget allocation of Rs 200 crore for three years, 25 key commodities, including wheat, paddy, maize, onion, jowar, bajra, groundnut, potato, soyabean and mustard seed, have been selected for e-trading.

  • Fruits and vegetables normally known for price fluctuations, however, have not yet included in the platform.

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