National Agriculture Market (e-NAM) scheme

What is e-NAM?

• National Agriculture Market (NAM) is a pan India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.
• It facilitates pan-India trade in agriculture commodities, providing better price discovery through transparent auction process based on quality of produce along with timely online payment
• It will help the farmers to get better remuneration for their products as the trading is nationwide
• On the ENAM platform, farmers can opt to trade directly on their own through the mobile app or through registered commission agents.
• The market is helping traders and exporters in procuring quality products in bulk, at one place and ensure transparent financial transactions.

Reach:

• The eNAM is linked with 785 APMCs in 17 states and 2 union territory, with over 45 lakh farmer membership in 17 states.
• The Government plans to connect over 22,000 GrAMs local farmers markets, with the platform.
• To provide better grading and assaying services, the Agriculture Department is looking at looping in AGMARK for better certification.

Funding:

• It is funded by the Agri Tech Infrastructure Fund (ATIF) which is set up through the Small Farmers Agricultural Consortium (SFAC).

Implementation Agency:

• SFAC will be the lead agency for the development of the National e Market.
• SFAC is an Autonomous Society promoted by Ministry of Agriculture, Cooperation and Farmers’ Welfare

PRELIMS QUESTION

Consider the following statements regarding Small farmers agriculture consortium (SFAC):
1.It is promoted by Ministry of Agriculture.
2.It is the lead agency for implementation of National Agriculture Market (e-NAM) scheme.
Which of the statements given above is/are correct:
(a)1 only
(b)2 only
(c)Both 1 and 2 
(d)Neither 1 nor 2

Answer to Prelims Question