Integration of E-MANDIS into E-NAM Platform

Reference News:-

Since 31st March 2018, 415 new mandis have been integrated on National Agriculture Market (e-NAM) platform.

As per the Union Budget Announcement 2020-21, additional 1000 mandis to be integrated with e-NAM platform

About National Agriculture Market (e-NAM) platform

e-NAM was launched in 2016 as a pan-India electronic agricultural marketing/trade portal linking APMCs across the States.
It is managed by Small Farmers’ Agribusiness Consortium (SFAC).
Controlling Ministry: Ministry of Agriculture and Farmers’ Welfare

e-NAM provides for contactless remote bidding and mobile-based any time payment for which traders do not need to either visit mandis or banks for the same.
Objective of integrating the existing Mandis to “One Nation One Market” for agricultural commodities in India.
It networks the existing APMC mandis to create a unified national market for agricultural commodities and has a vision:
- To promote uniformity in agriculture marketing by streamlining procedures across the integrated markets.
- Removing information asymmetry between buyers and sellers and promoting real time price discovery based on actual demand and supply.