E-nam

Govt adds 10 additional commodities to e-NAM platform for trading

The Agriculture Ministry has allowed trading of 10 additional commodities on the electronic-National Agriculture Market (e-NAM), taking the total number of tradable items on the platform to 231. The newly added commodities include dried Tulsi leaves, Besant (Chickpea flour), wheat flour, chana sattu (Roasted Chickpea Flour), water Chestnut flour, asafoetida, dried fenugreek leaves, baby corn, dragon fruit and water Chestnut, the ministry said in a statement. The decision follows extensive consultations with stakeholders, including state agencies, traders, subject matter specialists and the Small Farmers Agribusiness Consortium (SFAC). Several of these items, particularly chana sattu, water Chestnut flour, asafoetida and dried fenugreek leaves, fall under secondary trade category, which can help Farmer Producer Organizations (FPOs) to market value-added products and formalize trade in the sector. The Directorate of Marketing and Inspection (DMI) has formulated tradable parameters fo

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Govt wants to create separate segment for MSP sales within e-NaM portal

The Centre is in favour of creating a separate segment within the existing electronic National Agriculture Market (e-NaM) portal to record purchases done under the Minimum Support Price (MSP) mechanism segregated from online bidding.Though in principle, officials said it is opposed to the whole practice given that selling of agriculture produce at pre-determined MSP through the e-NaM portal belies the entire concept of price discovery through open competitive bidding and superficially jacks up the quantum of total transactions, but it might not be entirely avoidable as it also ensures transparency in payment to farmers. The matter came to light after some states showed huge jump in transactions made through e-NaM after they started showing purchases done under MSP operations through e-NaM.In the review of the programme, which agriculture minister Radha Mohan Singh had with his state counterparts today, officials said that it was once again emphasized that physical trading of ...

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The e-NAM is envisaged as a pan-India electronic trading portal