200 more mandis added to eNAM

Economy


NEW DELHI: The government has connected 200 new mandis across seven states to its national digital agricultural trading platform — eNAM — taking the total tally of eNAM enabled mandis to 785.

By the end of the month, 1,000 mandis would be connected with the platform, Agriculture Minister Narendra Singh Tomar said while launching the services on Friday.

“Farmers have been immensely benefitted from eNAM during lock down when physical mandis were not fully operational. We provided farmers a market where they traded their produce at competitive prices without visiting mandis. eNAM will fulfill government’s objective of “one nation one market,” he said.

Loading...

Launched in April 2016, eNAM started with just 21 mandis. The number of registered farmers have risen to 1.66 crore while 1.28 lakh traders transact on this platform. More than 1000 Farmer Producer Organisations (FPOs) have also been enrolled to this platform.

“So far eNAM has registered business of over Rs 1 lakh crore helping farmers discover prices before selling their produce. During the time of lock down, government has allowed farmers to sell their produce directly and in this case eNAM has been instrumental in finding them right buyer at right price,” said a senior agriculture department official.

Tomar also announced integration of e-NAM with the Unified Market Platform (UMP) of Karnataka’s Rashtriya e-Market Services (ReMS), an e-trading platform promoted by the Karnataka State Agriculture Marketing Board.

“This is for the first time in India that two different e-trading platforms for Agri commodities of this scale will be made interoperable. This will help farmers of Karnataka to sell their produce to large number of traders registered with e-NAM and even farmers from e-NAM mandis in other States will be able to sell their produce to Karnataka traders who are enrolled with ReMS platform of Karnataka. This will also promote inter-State trade between the States on-boarded on e-NAM platform & Karnataka,” Tomar said.



Source link

Articles You May Like

Holiday season market surge will boost stocks another 10%
Top currency regulator says to expect ‘clarity’ in coming weeks on bitcoin
‘Hopeful’ there will be adequate vaccine supply in 2021
India revokes anti dumping duty on nylon tyre cord fabric
Tom Farley, dealmaker and ex-NYSE president, shares his Covid ordeal

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading...