E-NAM (Syllabus: GS Paper 3 – Agriculture)

Context: Recently, after more than seven years since the introduction of the pan-India digital wholesale agri-marketing platform, or electronic National Agriculture Market (e-NAM), farmgate trade purchases have finally gained momentum across several states.

Electronic National Agriculture Market (e-NAM)

• About: It is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.
• Implementing Agency: Small Farmers Agribusiness Consortium (SFAC)
• Nodal Ministry: Ministry of Agriculture and Farmers’ Welfare
• Vision: To promote uniformity in agriculture marketing by streamlining of procedures across the integrated markets.
• Mission: The recent integration of APMCs nationwide via a unified online market platform enables pan-India agricultural trade, enhancing price discovery through transparent auctions based on produce quality, coupled with prompt online payments.

Features

• Farmers' Product Showcase: The eNAM portal empowers farmers to exhibit their products in nearby markets, enabling traders from any location to provide price quotations.
• APMC Services: e-NAM offers a unified platform for all Agricultural Produce Market Committee (APMC) services, encompassing commodity arrivals, quality and prices, buy and sell offers, and direct e-payment settlements into farmers' accounts.
• Streamlined Licensing Process: Utilizing eNAM services, traders, buyers, and commission agents can acquire licenses from state-level authorities without any prerequisites of physical presence or ownership of a shop or premises in the market yard.