e-NAM Scheme
The Indian Prime Minister, Narendra Singh Modi introduced e-NAM, an online e-trading platform gateway for the National Agriculture Market (NAM) with the Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar, launched Platform of Platforms (POP) under the National Agriculture Market (e-NAM) on the sidelines of the State Agriculture and Horticulture Ministers’ Conference in Bengaluru, Karnataka on 14th July 2022.
A pan-Indian electronic trading platform called e-NAM, or the “National Agriculture Market,” connects the several Agricultural Produce Market Committees (APMC) Mandis to create a single, nationwide market for agricultural goods.
Objectives :
1. To enable pan-India trading in agricultural commodities, marketplaces will be integrated, initially at the state level and then nationwide via a shared online marketplace.
2. To facilitate the effective operation of the markets, marketing and transaction processes should be streamlined and made uniform across all markets.
3. In order to improve marketing efficiency, improvement and real-time price discovery based on actual supply and demand for agricultural commodities, ensure auction process transparency, set prices commensurate with produce quality, and accept online payments.
4. Establishing quality assaying systems for quality control to encourage buyers to make realistic bids.
5. To encourage consistent costs and the supply of high-quality products.
Some key points related to e-NAM are given below:
1. To the participating agriculture mandis, the GOI is granting a grant of Rs. 30 lakhs.
2. Under this initiative, farmers will get access to “farmer helpline services” around the-clock to assist them in learning about the site.
3. The primary advocate for the National Agricultural Market (eNAM) is the Small Farmers’ Agribusiness Consortium (SFAC). Under the Department of Agriculture, Cooperation and Farmers’ Welfare (DAC&FW), SFAC is developed. The NAM e-platform is developed, run, and maintained by a Partner chosen by SFAC through an open procurement.
Conclusion:
We can conclude that this will benefit the farmers since they will get paid more for their produce than they did previously. Trials may be held for the intermediaries who allege charges that drive up market pricing. Bigger retail establishments stand to gain from this and will be drawn to it because there are no middlemen involved and bigger profit margins. It’s important to make sure the software being utilized doesn’t have any flaws because the state government has been known to limit supplies when local market prices are high in an effort to create an imbalance between supply and demand.
How to apply:
More further updates and information, visit this website: https://www.enam.gov.in/
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