National Agriculture Market
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The National Agriculture Market, as launched and April 2016; Graphic courtesy: The Times of India, April 15, 2016
2019: e-NAM, the pan-India trading portal
Sell Beyond Local Markets In Four States
India’s ambitious e-NAM (pan-India electronic trading portal for agriculture commodities) has made a new beginning this month with farmers in four states entering into interstate trading for the first time to get best price of their produce by looking beyond their respective ‘mandis’ (regulated market) or states.
It, however, took nearly three years to break the states’ barrier - an ultimate objective of the e-platform which was launched to create a unified national market for farm commodities in April, 2016.
The very first inter-state transaction on e-NAM in the country had been recorded between farmers of Bareilly in Uttar Pradesh and Haldwani in Uttarakhand for trade in tomatoes earlier this month followed by similar trades in groundnut between farmers of Gadwal Mandi in Telangana and Kurnool in Andhra Pradesh on January 19.
“It’s quite encouraging. We have introduced a new license for ‘clearing & forwarding’ (CLF) agents to take responsibilities of inter and intra state trade,” said Lakshmi Bai, director of agricultural marketing, Telangana government.
She told TOI that such a move would be quite beneficial for farmers of one state if demand of their produce is quite high in other states even after factoring in transportation cost.
Asked about the critical component of transportation in inter-state trade, she said, “The CLF agents will have to take responsibility of storage, quality and transportation as per the requirement of distant buyer.”
The move has added a new chapter in agri marketing in the country where such trades in 124 farm commodities is currently possible in 585 mandis on common e-market platform in 16 states and two UTs.