A significant stride in reforming agricultural trade, the National Agricultural Market Scheme (e-NAM) has been revolutionizing the traditional Mandi system in India. Now in 2023, it’s serving as an all-India electronic trading portal, which connects existing Agricultural Produce Market Committees (APMCs) and various other agricultural markets. This initiative has resulted in the creation of a unified national market for agricultural commodities.
Impactful Framework of e-NAM on the Ground
Under the e-NAM initiative, agricultural markets are managed by states through their agricultural trade gateways. Every state is divided into various market regions, each operated by a distinct Agricultural Produce Market Committee, thereby implementing the business exchange. This segregation, even within a state, often obstructs the movement and different management of agricultural produce, resulting in escalating prices for consumers without benefiting the farmers.
e-NAM Portal – Bridging the Gap between the Existing Mandi System
The e-NAM portal does not provide an alternative market; instead, it integrates the existing markets into a network, bringing farmers and agricultural traders face to face. This scheme digitally connects buyers with various markets across the country, allowing them to determine the value of commodities in any other market while sitting in their state and purchasing goods from that state’s market.
How does the e-NAM Portal Operate?
Under the e-NAM scheme, The Ministry of Agriculture & Farmers‘ Welfare is developing the National Agriculture Market. An internet-based trading portal has been created, which is being made available to all interested mandis. Furthermore, financial assistance is being provided for training infrastructure for the employees of the agricultural produce market, making them capable of running this system efficiently.
A Strategic Step towards a Prosperous Agricultural Future
The National Agricultural Market Scheme or e-NAM portal has created a sea change in the country’s agricultural trading scenario. It has not only unified the markets but also enabled transparency and fair price discovery, transforming the lives of millions of farmers. The Indian Government’s innovative initiative to digitalize agricultural trade through the e-NAM portal is indeed a remarkable step toward a prosperous agricultural future.
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