Table of Contents
- Recently, the Ministry of Agriculture and Farmers’ Welfare has launched three new features of the National Agriculture Market (e-NAM) Platform.
- The new features will strengthen agriculture marketing by reducing farmers’ need to physically go to wholesale mandis for selling their harvested produce.
DETAILS
- Integration of Negotiable Warehouse Receipt System (e-NWRs) Module with e-NAM
- Under it, a warehouse trading module with payment feature is launched.
- It will enable small and marginal farmers to directly trade their stored produce from selected Warehousing Development and Regulatory Authority (WDRA) registered warehouses which are declared deemed market by the State.
- Farmers will be able to place their produce in WDRA accredited warehouses.
- Telangana (14 warehouses) and Andhra Pradesh (23 warehouses) have already declared designated warehouses as deemed markets.
- Benefits:
- Depositor can save the logistics expenses and will have better income.
- Farmers can sell the produce across the Nation at better price without going to mandi.
- Farmers with their produce in WDRA accredited warehouses can avail the benefit of pledge loan, if required.
- Price stabilization by matching supply and demand through time and place utility.
- FPO trading Module
- It will enable Farmer Producers’ Organisations (FPOs) to upload the picture of their produce and quality parameters from their premise/collection centres for bidding.
- Distant bidders can visualise the produce before bidding by seeing the pictures and quality.
- After successful bidding, FPOs can deliver the produce from their premises or by bringing it to mandi.
- Benefits:
- Decongest mandis and also reduce the hassle.
- This will help FPOs by reducing logistics costs and enhance their bargaining power.
- Facilitates FPOs to avail online payment facility with ease of doing business.
- Launch of Logistic Module
- A provision has been made for linking large logistic aggregator platforms providing choices to users.
- Presently, e-NAM provides a database of individual transporters to the traders.
- Traders will be able to use the link to navigate to the logistics provider’s website and select appropriate services.
- With these additions, more than 3,75,000 number of trucks from large logistic providers would be added for logistic purpose.
- Benefits:
- This will help in seamless transportation of agri-produce.
- This will promote inter-state trade by providing online transport facilities for distant buyers.
e-NAM
- Launched on 14th April 2016 as a pan-India electronic trade portal linking Agricultural Produce Market Committees (APMCs) across the States.
- It provides for contactless remote bidding and mobile-based anytime payment for which traders do not need to either visit mandis or banks for the same.
- Already 585 mandis in 16 States and 2 Union Territories have been integrated on e-NAM portal and will be soon expanded to cover additional 415 mandis, which will take the total number of e-NAM mandis to 1,000.
Latest Burning Issues | Free PDF