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

15 Nov

Government issues guidelines to curb misleading ads by coaching centres

'The central Government issued new guidelines aimed at curbing misleading advertisements by coaching institutes, specifically prohibiting false promises such as "100 per cent selec

Read More

15 Nov

Janjatiya Gaurav Divas

'Every year on November 15th, Janjatiya Gaurav Divas is celebrated to honor the contributions of these communities, especially in India’s freedom struggle.' 5th November

Read More

15 Nov

Supreme Court’s order on mandatory accessibility standards

'A bench of the Supreme Court last week ordered the Union government to frame mandatory rules for ensuring the accessibility of public places and services to persons with disabilit

Read More

India’s First Ai-Driven Magazine Generator

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