Electronic National Agriculture Market

  • e-NAM is a pan-India electronic trading portal which networks the existing APMC mandis (physical market) to create a unified national market for agricultural commodities.
    • It is a virtual market but it is connected to a mandis at the back end and promotes genuine price discovery.
    • Funding – Funded by Agri-Tech Infrastructure Fund (ATIF) which is set up through the Small Farmers Agribusiness Consortium (SFAC).
    • License – Liberal licensing of traders and commission agents by state authorities and one license for a trader is valid across all markets in the state.
    • Market Fee – Single point levy on the first wholesale purchase from the farmer.
    • Implementation – A Central Sector Scheme. Willing states enact suitable provisions in their APMC act for integration with the e-platform.
    • Soil Testing Laboratories available in the mandis itself.
    • SFAC will be the lead agency for the development of the National e-Market by the Ministry of Agriculture, and they will select a service provider through open bidding.

Leave a Reply