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National Agriculture Market (e-NAM)

Topics Covered: e-technology in the aid of farmers.

National Agriculture Market (e-NAM):


Context:

So far, more than 1.69 crore Farmers & 1.55 Lakh traders are registered on e-NAM platform.

What is e-NAM?

  • E-NAM (National Agriculture Market) is an online trading platform for agriculture produce aiming to help farmers, traders, and buyers with online trading and getting a better price by smooth marketing.
  • Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India.

national_agriculture

NAM has the following advantages:

For the farmers, NAM promises more options for sale. It would increase his access to markets through warehouse-based sales and thus obviate the need to transport his produce to the mandi.

For the local trader in the mandi / market, NAM offers the opportunity to access a larger national market for secondary trading.

Bulk buyers, processors, exporters etc. benefit from being able to participate directly in trading at the local mandi / market level through the NAM platform, thereby reducing their intermediation costs.

InstaLinks:

Prelims Link:

  1. Who implements eNAM?
  2. Composition of SFAC.
  3. Which states have not implemented eNAM?
  4. What are APMCs? How are they administered?

Mains Link:

Write a note the National Agriculture Market (eNAM).

Sources: PIB.