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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

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