National Agriculture Market (eNAM)

National Agriculture Market (eNAM)

Subject: Agriculture

Context:

The government on Thursday announced integration of trading, transportation, logistics, warehousing, assaying, packaging, weather forecast and fintech services provided by 41 private entities with its electronic National Agriculture Market (e-NAM).

Concept:

National Agriculture Market (eNAM) 

• It is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.
• Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India.
• Launched on April 14, 2016, by PM Narendra Modi for digital transformation of mandi operations to achieve “One Nation One Market”, for the trading of agricultural commodities in India.
• A robust mobile app & website is available in 12 languages and equipped with a GPS-based mandi locator for searching mandis within 100 km radius.
• Features:
  • Farmers can track the progress of bids for their lot through mobile.
  • They can also get real-time information about prevailing commodity prices in nearby mandis.
  • It is also enabled with advanced gate entry, sampling and assaying reports.
  • Weighbridges & electronic weighing scales have been integrated with e-NAM to ensure transparency and error-free weighing of commodities.
  • Payment to farmers by traders can also be made electronically.
  • Traders can use advanced features like viewing quality certificates, push notification, bunching of invoices, shopping carts, etc.
  • A360-degree image of the commodity lots via mobile is made available for better decision making.
  • Business intelligence dashboard is also available for better monitoring and decision making for the APMC officials.
• Currently, 1,000 mandis in 22 states and Union territories are integrated into the e-NAM platform, which was launched in April 2016.
• SFAC has empaneled private banks such as Axis Bank, Kotak Mahindra Bank, HDFC Bank, Indusind Bank and ICICI Bank for provisioning of payment and settlement services for e-NAM transactions.

Latest development—e-NAM platform linked to private agri-services providers

• Entities whose digital platforms which have been integrated with eNAMinclude Star Agrobazaar Technology, Kisan Network, FPO Bazaar, Arya collateral, Aryadhan, Intello Lab, Bijak and Warehousing Development Regulatory Authority.
• The aim behind this integration of platforms by private players under e-NAM is to make available end-to-end services to farmers along with providing a platform for price discovery.
• Farmers, farmer producer organisations (FPOs), traders, commission agents and other stakeholders registered with the eNAM platform can avail these services provided by these private enterprises.
• Integration of embedded fintech platforms with eNAM will also enable access to finance for historically excluded small farmers and strengthen them socioeconomically.

Related developments

Integration of Negotiable Warehouse Receipt System (e-NWRs) Module with e-NAM

• It will enable small and marginal farmers to directly trade their stored produce from selected Warehousing Development and Regulatory Authority (WDRA) registered warehouses which are declared deemed market by the State.

FPO trading Module

• It will enable Farmer Producers’ Organisations (FPOs) to upload the picture of their produce and quality parameters from their premise/collection centres for bidding.
• Launch of Logistic Module
• A provision has been made for linking large logistic aggregator platforms providing choices to users.