Agriculture Sector

e-NAM (e- National Agriculture Market)

About:

  • It is a pan-India electronic trading portal which networks the existing state Agriculture Produce Market Committee (APMC) mandis to create a unified national market for agricultural commodities.

Impact:

  • Information to farmers: e-NAM removes information asymmetry between buyers and sellers and promotes real time price discovery based on actual demand and supply.
  • Transparency: It provides better price discovery through transparent auction process based on quality of produce along with timely online payment.
  • Integration of APMCs: Already 585 wholesale-regulated APMC markets across 16 states have been integrated with the e-NAM platform.

Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Indian Economy