• The Prime Minister’s flagship program e-NAM has achieved another milestone by commencing inter-State trade between mandis of two different States.
Vital highlights of the flagship program
• Earlier trade used to happen either within the APMC or between two APMCs situated within same state.
• The very first Inter State transaction in tomatoes has been carried out between trader of Bareilly e-NAM APMC of Uttar Pradesh and farmer of Haldwani e-NAM APMC of Uttarakhand.
• The inter -State transactions in potatoes, brinjal & cauliflower have been carried out between the e-NAM mandis of Uttarakhand & Uttar Pradesh.
• In all the cases, e-payments have been made through e-NAM portal.
• This will helps farmers get better market access, more buyers/ traders & realise better prices for their produce.
• To facilitate inter State trade between the e-NAM States, Ministry of Agriculture & Farmers’ Welfare, Govt. of India, conducted series of coordination meetings with concerned States and Mandi board officials/ Mandi secretaries.
• As a result of these interactions, both the States have now facilitated licensing of traders of each other for inter-State trade on e-NAM portal.
About E-NAM scheme
• E-NAM i.e. National Agriculture Market is a pan-India electronic trading (e-trading) portal which seeks to network the existing physical regulated wholesale market (known as APMC market) through a virtual platform to create a unified national market for agricultural commodities.
• e-NAM platform promotes better marketing opportunities for the farmers to sell their produce through online competitive and transparent price discovery system and online payment facility.
• It also promotes prices commensurate with quality of produce.
• The e-NAM portal provides single window services for all APMC related information and services. This includes commodity arrivals, quality & prices, buy & sell offers & e-payment settlement directly into farmers’ account, among other services.
Aim of this program
• Now the Farmers can access the information on e-NAM easily through their mobile phones from anywhere.
• This online trading platform aims at reducing transaction costs, bridging information asymmetry and helps in expanding the market access for farmers.
• So far, 585 Regulated Markets of 16 States and 2 Union Territories have been integrated to e-NAM platform.
• Government has also decided to integrate additional 415 markets by March, 2020.
• “Logistic providers” information is also being provided in the e-NAM portal to traders from outside the State, which will facilitate transportation of commodities after trading.
• An Inter-State dashboard on e-NAM platform has been developed to promote inter State trade among e-NAM States.
Mains Paper 2: Governance
Prelims level: e-NAM
Mains level: Details about the scheme