Sign In
Learn bits
Economy
Mahesh

20/09/23 05:57 AM IST

National Workshop on e-NAM 2.0

In News
  • National Workshop on e-NAM 2.0 and Agri Marketing Reforms was conducted recently in New Delhi.
About NAM 2.0
  • National Agriculture Market (e-NAM) is a pan-India electronic trading portal, launched on 14th April 2016, by the Prime Minister of India Shri Narendra Modi, networks the existing APMC mandis.
  • The trading portal leveraging available infrastructure with existing APMCs to create a Unified National Market for agricultural commodities.
  • The portal is managed by “Small Farmers’ Agribusiness Consortium (SFAC)”, under the aegis of the Ministry of Agriculture and Farmers’ Welfare, Government of India.
  • e-NAM has been able to bring competence in APMC mandi operations via technology interventions: accuracy in weighment via digital weighbridge and weighing scale; accuracy in assaying via advance assaying equipment; real-time online information on commodity prices,
  • Access to more buyers/sellers and transparency in trade (due to on-line mode of auction) resulting in competitive bidding and there by better price discovery; transparency in payment via multiple online payment modes and better efficiency in overall mandi operations via digitalization.
Source- PIB

More Related Current Affairs View All

26 Sep

Neom Project

'Saudi Arabia’s Neom project contends with corruption, worker deaths, racism and misogyny.' Neom was visualised as part of Saudi Arabia’s ambitious Vision 2030 proje

Read More

26 Sep

Project Cheetah

'Project Cheetah, which saw the introduction of the African sub-species of the wild cat in India, completed two years on September 17.' The ambitious project has two overarchi

Read More

26 Sep

Quota in PhD admissions at IIMA

'After a legal battle of over three years, the Indian Institute of Management Ahmedabad (IIM-A) has announced that it will implement reservation in PhD admissions next year onwards

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps