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Source: The post is based on the article “National Workshop on e-NAM 2.0 and Agri Marketing Reforms” published in PIB on 19th September 2023
What is the News?
The Ministry of Agriculture has organized a day-long workshop on “e-NAM 2.0 and agriculture marketing reforms”.
What is e-NAM?
National Agriculture Market (e-NAM) is a pan-India electronic trading portal launched in 2016.
The platform connects the current Agricultural Produce Market Committee (APMC) mandis to form a unified national market for agricultural commodities.
The portal is managed by “Small Farmers’ Agribusiness Consortium (SFAC)”, under the aegis of the Ministry of Agriculture and Farmers Welfare.
At present, 1,361 regulated mandis in 23 states and four Union Territories are linked with the electronic National Agriculture Market (eNAM).
e-NAM has been able to bring competence in APMC mandi operations via: 1) technology interventions 2) accuracy in weighment via digital weighbridge and weighing scale 3) real-time online information on commodity prices 4) access to more buyers/sellers and transparency in trade (due to on-line mode of auction) resulting in competitive bidding and there by better price discovery 5) transparency in payment via multiple online payment modes and 6) better efficiency in overall mandi operations via digitalization.
How will e-NAM 2.0 be different from current e-NAM?
e-NAM 2.0 will be an advanced version of existing e-NAM wherein the reforms in the State Acts will be very important in the success of e-NAM 2.0.
