The National Agriculture Market (e-NAM) Scheme is a central sector scheme launched on April 14, 2016 by the Ministry of Agriculture and Farmers’ Welfare. The Small Farmers’ Agribusiness Consortium (SFAC) is the nodal agency and the iKisan division of Nagarjuna Fertilizers and Chemicals Limited (NFCL) is the technology provider for the e-NAM platform. The scheme aims to promote uniformity in agriculture marketing by streamlining the procedures across integrated markets, removing information asymmetry between buyers and sellers and promoting real-time price discovery based on actual demand and supply.
National Agriculture Market (e-NAM) is a pan-India electronic trading portal that networks existing Agricultural Produce Market Committee (APMC) mandis to create a unified national market for agricultural commodities. The e-NAM platform aims to promote better marketing opportunities for farmers to sell their produce through an online competitive and transparent price discovery system and online payment facility. The program’s goals include integrating markets, initially at the level of the States and eventually at the national level; streamlining marketing and transaction processes; encouraging better marketing opportunities for farmers; establishing quality assaying systems; and promoting stable prices and consumer access to high-quality produce. The scheme components include the selection of State’s/UT’s APMCs/RMCs, provision of e-NAM software to States/UTs free of cost, financial assistance and technical assistance.
According to the latest data from the Press Information Bureau portal in December 2022, the e-NAM platform has integrated with 1260 mandis across 22 states and 3 Union Territories. This integration has facilitated the trading of various agricultural commodities. The total volume of these commodities, which includes bamboo, betel leaves, coconut, lemon, and sweet corn, is worth approximately Rs. 2.22 lakh crore of trade that has been recorded on the e-NAM platform.
The benefits of the National Agriculture Market (e-NAM) Scheme are as follows:
The documents required to apply for the National Agriculture Market (e-NAM) Scheme are mentioned below:
In conclusion, the e-NAM scheme has been instrumental in promoting uniformity in agriculture marketing and creating a unified national market for agricultural commodities. The scheme has enabled farmers to sell their produce through an online competitive and transparent price discovery system and online payment facilities, benefiting all the stakeholders, including farmers, mandis, traders, buyers, processors and exporters. The scheme has also reduced transaction costs, increased accessibility to markets and enhanced price realization for farmers. The e-NAM platform is a significant step towards transforming the agricultural sector in India and achieving the goal of doubling farmers’ income.
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