PM launches agriculture commodities e-trading platform e-NAM

The 21 Mandis from 8 States have been to the unified National Agriculture Market while 200 mandis will be linked within five months and 585 Mandis by March 2018
PM launches agriculture commodities e-trading platform e-NAM

Launching the pilot of e-NAM, the e-trading platform for the National Agriculture Market (NAM) in New Delhi today, Prime Minister Narendra Modi said that the initiative will usher in transparency which will benefit the farmers.

On the occasion Union Agriculture and Farmers Welfare Minister, Radha Mohan Singh said that 21 mandis in 8 states have been linked to National Agriculture Market today. By September, 2016 two hundred mandis will be included and by March, 2018 five hundred eighty five mandis will be included. The Minister asserted that the Center is very keen to accomplish the work as early as possible and if States cooperate it will be done one year ahead that is by March2017.

The Minister informed that this project will operate through an online portal which is being linked to the mandis of the States. Its software will be provided to all the willing states without cost. A knowledgeable person is being deployed for one year in every sharing mandi so as to facilitate the smooth functioning of the portal. Under this Project, Government of India is providing a grant of Rs. 30 lakh to the proposed agriculture mandis of the states. The farmers will be provided ‘farmer helpline services round the clock’ for obtaining information related to this portal.

The Ministry of Agriculture has initiated a number of projects for overall development of the farmers. The Minister further said that Government is taking all steps to double the farmers’ income in the next 5 years. In the end, the Agriculture Minister added that for the first time in India, ‘one nation and one market’ is being developed and this market status will be elevated to the status of international market. All stakeholders should help achieve this goal.

The Union Cabinet had approved the NAM on July 1, 2015.  

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