- NAM is envisaged as a pan-India electronic trading portal
- NAM seeks to network the existing APMC and other market yards
- NAM aims to create a unified national market for agricultural commodities
- NAM is a “virtual” market but it has a physical market (mandi) at the back end
Implementation of e-NAM
- CCEA granted budget of Rs. 200 cr on 1-07-2015 for formulating a NAM portal.
- e-NAM was launched on 14th April 2016.
- Regular review of implementation of e-NAM in the States is held by the Department
- 417 mandis have been integrated to the portal as on 31st March 2017
- The target for 31st March 2017 was 400.
- Outcomes have been very positive as evident from increasing trend of registration
- Farmers and Traders are registering on e-NAM portal
- More than 42.91 lakh farmers and 89,312 traders are registered on this platform.
- Agriculture produce worth Rs. 16916.81 cr has been transacted on e-NAM (24.04.2017)
- e-NAM Mobile app has been developed
- e-NAM website is now available in Hindi, Gujarati, Telugu and Marathi.
|1.||Development of electronic trading portal||By 01.04.2016|
|2.||Pilot Launch in 21 Mandis||On 14.04.2016|
|3.||Roll out of software in 200 Mandis||By 30.09.2016|
|4.||Roll out of software in next 200 Mandis||By 31.03.2017|
|5.||Roll out of software in remaining 185 Mandis||By 31.03.2018|
Strategy for 2017-18 includes:
- As of March 2018, there will be 585 regulated mandis functioning across numerous states
- Integration of remaining 168 mandis to fulfil the target of 585 by March, 2018
- Enhancement of central assistance from existing Rs.30 lakh/mandi to Rs.75 lakh/mandi
- Strengthening of assaying and quality trading.
Boost to farmers as 34 government ‘mandis’ join virtual agri market platform
It was reported on Jun 22, 2017 that :
- 34 government mandis will join e-NAM platform by the end of June
- This will take the total number of such markets to 100
- In March 2017, Central government had approved 34 mandis for e-NAM and had allotted Rs 30 lakh per month.
- 66 mandis from UP have been already included in e-NAM platform since April 2016
- Existing 66 e-mandis have done transaction of more than Rs 1,000 crore since launch
Karnataka, first state to start major agri reforms, snubs eNAM participation:
It was reported on July 15, 2017
- Karnataka, the first state to initiate major reforms in agricultural marketing through creation of a Special Purpose Vehicle Rashtriya eMarket Services Private (ReMS) has declined to join the agriculture ministry-promoted national electronic platform, National Agriculture Market (eNAM), stating that inter-states trade is yet to be facilitated across the country.
- ReMS Ltd, a joint venture between the Karnataka government and NCDEX Spot, had rolled out an Unified Market Platform (UMP) across 157 mandis across the southern state more than two years ago.
- ReMS had a reported a turnover of Rs36,000 crore in 2016-17, while in case of 240 odd mandis across 13 states linked through eNAM, the turnover reported is Rs23,250 crore since its launch in April, 2016.
- Since its launch two and half years ago, ReMS has a cumulative turnover of Rs76,000 crore.
- Total eNAM turnover of Rs23,250 crore, Haryana topped with Rs13, 600 crore, followed by Telangana (Rs4039 crore), Gujarat (Rs3529 crore) and Uttar Pradesh (Rs1097 crore).
- There are a total of 2,477 APMC market-yards in the country and 4,843 APMC-regulated sub-market yards.