Evaluate the role of the e-NAM in reducing price disparities and improving market integration for agricultural commodities. What challenges does it face in its implementations?
Here are the key points about how advances in artificial intelligence might change the job market over the next decade: Automation Targets: Jobs in manufacturing (assembly line tasks), customer service (chatbots), and data entry (automated data processing) are likely to be automated. AdministrativeRead more
Here are the key points about how advances in artificial intelligence might change the job market over the next decade:
- Automation Targets: Jobs in manufacturing (assembly line tasks), customer service (chatbots), and data entry (automated data processing) are likely to be automated.
- Administrative Roles: Tasks like basic bookkeeping and data entry could be significantly altered or replaced by AI algorithms.
- New Job Categories: Roles such as AI developers, data scientists, AI trainers, and robotics engineers are emerging to design, manage, and maintain AI systems.
- Specialized Fields: Healthcare (diagnostics), finance (predictive analytics), and logistics (autonomous vehicles) will create demand for experts who can leverage AI technologies.
- Ethical Considerations: Ensuring fairness, transparency, and accountability in AI decision-making will become critical, influencing regulatory frameworks and job roles.
- Upskilling Needs: There will be a growing need for upskilling in technology, data analysis, and AI-specific skills to adapt to the changing job market.
- Human-AI Collaboration: Jobs requiring creativity, emotional intelligence, and complex problem-solving will remain essential, with AI augmenting rather than replacing human capabilities.
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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