National Agriculture Market (e-NAM) is expanding to ease farmers

National Agriculture Market popularly known as e-NAM was an innovative initiative in agricultural marketing to enhance farmer’s accessibility digitally to multiple numbers of markets & buyers and to bring transparency in trade transactions with the intent to improve price discovery mechanism, quality commensurate price realization and also to develop the concept of “One Nation One Market” for agriculture produce.

Better market linkage was provided under e-NAM by Integrating 1000 markets across 18 States and 3 UT. So far, more than 1.69 crore Farmers & 1.55 Lakh traders registered on e-NAM platform. The online and transparent bidding system is encouraging farmers to increasingly trade on e-NAM platform. Total trade volume of 4.13 Crore MT of bulk commodities &3.68 crore numbers of Coconut &Bamboo worth approximately Rs 1.22 Lakh crore has been recorded  on e-NAM platform. Direct payment to Farmers was enabled in this platform.

e-NAM is now developing as “Platforms of Platform” to create a digital ecosystem that leverage the expertise of individual platforms across various segments of agri. value chain viz. developing and Integrating service platform with e-NAM (QC services, transportation & delivery services, sorting/grading services, packaging services, insurance, trade finance, warehouses etc.), enabling the farmers to add value to their produce and facilitate them with ease of agri marketing.

“e-NAM is not just a scheme but it’s a journey which aims to benefit the last mile farmer and transform the way they sell their agri produce. This intervention brings immense benefits to our farmers in augmenting their income by enabling them to realize competitive & remunerative prices in a transparent manner without incurring additional costs.”