e-NAM, a flagship initiative of the Ministry of Agriculture and Farmers Welfare, has won the Platinum Award in the Digital Empowerment of Citizens Category in Digital India Awards 2022 held in New Delhi. The President of India, Smt. Droupadi Murmu, as Chief Guest of the event, has conferred the Digital India Awards, 2022.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
e-NAM is a digital platform integrating 1260 APMC mandis across 22 States and 3 UTs to facilitate online trading of 203 agriculture and horticulture commodities to enable farmers to realize better remunerative prices for their produce. e-NAM is catalysing the digital transformation of mandi operations and e- trading of agricultural commodities. As on 31.12.2022, more than 1.74 Crore farmers & 2.39 Lakh traders have been registered on e-NAM portal. A total trade consisting of 69 million metric tonnes of worth Rs. 2.42 lakh crore has been recorded on e-NAM platform.
e-NAM is providing various benefits/ facilities to farmers & other stakeholders such as providing access to prevailing commodity price on mobile app, GPS based feature capturing e-NAM mandis and mandi prices within ~100 kms radius along with route map, Advance lot registration, SMS alert on final bid price of the lot & payment receipt, Real time competitive price bidding through e-NAM, weighment integration for accurate weight, bidding progress available on mobile, facilitates direct trade between farmer and trader, direct payment to Farmer’s bank account, reduction in the transaction costs of buyers and sellers, FPO trading module to facilitate FPOs to e-trade through e-NAM etc.
You may also read this:
In the grand tapestry of India's statehood evolution, Uttarakhand stands as a testament to perseverance…
The International Cricket Council (ICC) has taken strong action against West Indies player Devon Thomas…
The Department of Personnel & Training (DoPT) has announced the appointment of Pratima Singh, an…
India's manufacturing sector has continued its robust performance into the first quarter of the new…
The Reserve Bank of India (RBI) has recently imposed monetary penalties on several co-operative banks…
In recent years, there has been a resurgence of interest in millets due to their…