23 mandis in 8 states integrated with e-agri market so far

Image
Press Trust of India New Delhi
Last Updated : Jul 22 2016 | 5:57 PM IST
Government today said 23 mandis in eight states have been integrated with the electronic national agriculture market (e-NAM) so far while the target is to connect 200 by September.
"Proposals from 12 states for integration of 365 mandis with e-NAM have been approved, of which 23 mandis have been integrated with e-NAM," Minister of State for Agriculture Sudarshan Bhagat said in a written reply to the Rajya Sabha.
The target is to integrate 200 mandis by September this year and a total of 585 by March 2018, he said.
For Telangana, the Centre has approved integration of 44 mandis with e-NAM, out of which five have been linked so far, he added.
As per the data placed before the Upper House, six mandis from Uttar Pradesh, five from Telangana, four from Haryana and three from Gujarat have been integrated into e-NAM. Himachal has integrated two mandis while Jharkhand, Rajasthan and Madhya Pradesh have done one each.
However, only one commodity is being traded at present via electronic platform from each mandi, the data showed.
For instance, in Uttar Pradesh, all six mandis are trading wheat on the e-platform while Patan district in Gujarat is dealing in castor seed and Botad mandi in Bhavnagar district is handling chana (black gram).
The two mandis of Haryana are trading sunflower seed while Himachal Pradesh is focussed on shelling peas, the data showed.
In April, Prime Minister Narendra Modi had launched the e-NAM scheme in 21 mandis of eight states. The government has allocated Rs 200 crore for this scheme.
Under the scheme, a pan India e-trading portal is being deployed in select regulated wholesale markets in states.
For integration with e-NAM, states are required to complete certain pre-requisite reforms in their respective Agriculture Produce Marketing (Regulation) Acts.
The scheme is expected to benefit farmers through enhanced market access by way of allowing remote online bidding for their produce, removal of information asymmetry between buyers and sellers, real-time price discovery based on actual demand-supply gap through transparent online auction and online payment directly to farmers' accounts.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 22 2016 | 5:57 PM IST

Next Story