PM Modi's pet project e-Nam is facing distortions in many markets

APMCs need to be well-equipped with the basic assaying equipment, including automatic analysers, for both physical and chemical quality

As the Centre looks to widen the electronic trading platform of e-NAM in more states, a high-powered panel of experts on integrating commodity spot and futures markets has found that data of trading done manually is being fed into the electronic platform after the auction is completed in many mandis (APMCs).

This is in violation of the concept of transparency and fair price discovery.

“In APMCs, strictly speaking, online auction of commodities on the eNAM platform is not taking place and the data of manual trading is being recorded in the system after the auction is done offline,” the panel said, listing