The National Agriculture Market – e NAM

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The National Agriculture Market – e NAM

The National Agriculture Market – e NAM The National Agriculture Market - e NAM, 5 feb 2021, करंट अफेयर्स, हिन्दी करंट अफेयर्स, आर्थिक विकास, राष्ट्रीय कृषि बाजार (e-NAM), e-NAM, राष्ट्रीय कृषि बाजार, कृषि बाजार

  • The National Agriculture Markets is an online trading platform for agricultural produce, aims to help farmers, traders and buyers is online trading, and to get better prices through easy marketing.
  • Recently more than 69 crore farmers and 1.55 lakh traders have registered on the National Agriculture Markets (e-NAM) platform.
  • Small Farmers Agribusiness Consortium (SFAC), under the aegis of the Ministry of Agriculture and Farmers Welfare, Government of India, is the principal agency for the implementation of ‘e-NAM’.

Benefits of National Agriculture Market (e NAM):

  • For Local Traders in Mandis/Market: The National Agriculture Markets (e-NAM) provides access to a large national market for secondary level trade.
  • Wholesale buyers, processors, exporters etc., are able to trade directly at the local mandi/market level through the ‘e-NAM’ platform, thereby reducing their intermediation costs.
  • For farmers, e-NAM provides more options for selling agricultural produce. It expands the reach of agricultural produce to markets through warehouse-based sales and thus there is no need to take agricultural produce to the market.

Source – PIB


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