More mandis on e-NAM portal soon

April 16 2020

After the success of phase 1 of e-NAM (electronic national agriculture market), a pan-India electronic trading portal, Small Farmers Agribusiness (SAFC) is now expanding from existing 585 mandis to 1,000 mandis across 21 states and UTs with the objective of “one nation one market” for agricultural commodities in the country.

On the occasion of the fourth anniversary of launching the portal today, Neelkamal Darbari, Managing Director, SFAC, said with objective to achieve real-time payments to farmers, e-NAM would soon be bring more banks on board to widen base farmers and traders’ banking options.

The SFAC is the lead agency for implementing e-NAM under the aegis of Ministry of Agriculture and Farmers’ Welfare. At present, a network of mandis integrated with e-NAM across 16 states and 2 UTs, with user base of 1.66 crore farmers, 1.28 lakh traders and 70,934 commission agents. As of March 31, 2020, total volume of 3.39 crore MT and 37 lakh numbers (bamboo and coconut) collectively worth approximately Rs 1 lakh crore has been traded on e-NAM platform.


This news has not been edited by Apni Kheti staff but has been published by various news feeds

Source: The Tribune