e-NAM is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.
Revolutionizing Agri-Marketing with e-NAM
The National Agriculture Market (e-NAM) is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities. It aims to reduce transaction costs and informational asymmetry while providing a wider market access to farmers.
Key Objectives: - Unified License: A single license for trading across the state. - Single Point Levy: Market fee to be levied at a single point on the first wholesale purchase from the farmer. - Electronic Auction: Transparent price discovery through online auctions. - Quality Testing: Provisions for quality testing of agricultural produce.
Benefits to Farmers: 1. Access to more buyers beyond the local mandi. 2. Better price discovery based on real-time market demand. 3. Quality-based pricing through scientific testing. 4. Direct payment into bank accounts.
How to register: Farmers can register on the e-NAM mobile app or portal by providing their identity proof, mobile number, and bank account details.