National Agriculture Market (e-NAM)

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    In News 

    The Union Minister of Agriculture and Farmers Welfare launched the Platform of Platforms (POP) under the National Agriculture Market (e-NAM) on the sidelines of the State Agriculture and Horticulture Ministers’ Conference in Bengaluru, Karnataka today. 

    About National Agriculture Market (e-NAM)

    • It is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.
    • Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India.
    • Vision 
      • To promote uniformity in agriculture marketing by streamlining of procedures across the integrated markets, removing information asymmetry between buyers and sellers and promoting real time price discovery based on actual demand and supply.
    • Mission 
      • Integration of APMCs across the country through a common online market platform to facilitate pan-India trade in agriculture commodities, providing better price discovery through transparent auction process based on quality of produce along with timely online payment.

    Source:PIB