Prime Minister Narendra Modi has launched the India’s first electronic trading portal eNAM for National Agriculture Market to connect e-mandis in several States and to allow farmers to sell their goods across the country. The eNAM aims to improve livelihoods of struggling growers and boosting the rural economy.
Currently this portal will facilitate the trading of commodities in 21 markets from 8 States. Those 8 States are Haryana, UP, MP, Chattisgarh, Gujarat, Karnataka, Himachal Pradesh and Telangana. To integrate a wholesale mandis across the country with the online platform, the state governments have to amend their Agriculture Produce Market Committee (APMC) Act.
eNAM will be implemented in different phases with an aim to integrate 585 regulated markets across the country with the common e-market platform by March 2018. So far 365 mandis from 12 states have been granted approval. Farmers can register on www.enam.gov.in and can also get information on kisan call centre on toll free no 1800-180-1551.
It is designed to create a unified national market for agricultural commodities. Farmers can showcase their produce online from their nearest market and traders can quote price from anywhere. It will result in increased numbers of traders and greater competition. It will also ensure open price discovery and better returns to farmers.
The PM stated at the launch of eNAM that it will also help the government to meet its target of doubling farmers’ income in the next five years. In February, the government pledged to spend billions of dollars to help struggling farmers through various measures, including a crop insurance scheme and better access to markets.
So lets discuss some questions related to this post :
1. Who has launched the National Agriculture Market Portal eNAM ?
2. What is the aim of eNAM portal ?
3. Expand the term APMC.
Courtesy : DD News