In an effort to ensure free flow of agricultural produce from one market to another, save producers from multiple levies of mandi and to ensure agro commodities for consumers at reasonable prices, the Government of India has drawn a time bound programme for developing National Agriculture Market (NAM).
Rural & Marketing had done a detailed analysis on NAM in its August 2015 issue. www.ruralmarketing.in/industry/agriculture/national-agriculture-market-creating-unified-online-trading-platform
The Cabinet Committee of Economic Affairs has approved the online agriculture commodity trading platform, NAM in July this year. It will cover 250 Agri mandis by September 2016 and by March 2018 total 585 mandis will have the system to ensure the farmers’ access for their produce across the markets. Briefing about the initiative of the Central Government to the Members of the Parliamentary Consultative Committee, Radha Mohan Singh, Union Agriculture & Farmers Welfare Minister, said that the Government is actively working to usher in reforms of the agri marketing system in the interests of farmers and consumers both.
The centre has urged the State governments to introduce e-market platform within the States to unify mandis of the State so that farmers are free to sell in any of the mandi. Department of Agriculture will provide free software and help in its customisation for the States.
The agriculture minister said that the Government has embarked on the idea of creating a unified market through an online platform at national level ultimately. NAM would offer a common market places by providing real time prices on a national level to the participants of the agri produce eco- systems . It would create an efficient trading system for agri-produce, which would enable transaction between buyers and sellers from their existing location, thus expending the existing market and also facilitating transactions in places where marks physically do not exist, over a period of time. A new distribution channel for procurement and sale will come into existence, which would result in better price discovery for agri-produce, largely benefiting the farmers. The prices reflected would be determined by demand and supply prevailing from time to time and shall be captured on real time basis, he said.
Singh said that the centre has kept Rs 175 crore to provide assistance of about Rs 30 lakh per mandi for the software and it has already approved financial assistance for Gujarat, Maharashtra, Telangana, Jharkhand, and Chhattisgarh.