Evaluate the NAM scheme critically. How did it help our farmers?
The government approved the linking of 101 APMC mandis into the e-NAM platform. Significance of this move: It is expected to boost the turnover of the platform. e-NAM aims to create a central online platform for agricultural commodity price discovery by integrating all existing APMC maRead more
The government approved the linking of 101 APMC mandis into the e-NAM platform.
Significance of this move:
It is expected to boost the turnover of the platform.
e-NAM aims to create a central online platform for agricultural commodity price discovery by integrating all existing APMC markets.
The unified market is expected to aid price discovery and boost farm income.
The platform will also offer choices to farmers to sell their produce as multiple APMC mandis will be integrated.
Along with APMC integration, the Platform of Platforms (PoP) within the e-NAM portal will facilitate farmers to sell their produce outside their State borders.
Due to digital access, the reach will widen to multiple markets and buyers.
The move will also help bring transparency to business transactions which will help in better price discovery.
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Introduction - E NAM It is an online trading platform for agricultural commodities in India. It was launched on April 14, 2016, and is completely funded by the Government of India. The Small Farmers Agribusiness Consortium (SFAC) acts as the lead agency for implementing e-Nam under the Ministry ofRead more
Introduction – E NAM
Benefits to farmers
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