The National Agriculture Market (NAM) is a pan-India electronic trading portal that was launched on April 14, 2016, and is run by the Small Farmers Agribusiness Consortium (SFAC). The NAM portal connects existing APMC (Agriculture Produce Marketing Committee) / Regulated Marketing Committee (RMC) market yards, sub-market yards, private markets, and other unregulated markets to create a central online platform for agricultural commodity prices discovery that unifies all nationwide agricultural markets. By March 2018, the project aims to have a unified e-market platform in place for 585 regulated wholesale farm market yards.
e-NAM will be the name of the unified electronic trade portal.
a.To facilitate pan-India trade in agricultural commodities by integrating markets first at the state level and then across the country through a common online market platform;
b. To streamline marketing/transaction procedures and make them uniform across all markets to promote efficient market functioning;
c. To promote better marketing opportunities for farmers/sellers by providing online access to more buyers/markets and removing information as a barrier.
Prerequisites for e-NAM
- A state must meet three essential conditions to submit Mandis as a “Plug-In” to e-NAM:
- E-auction / electronic trading as a mechanism of price discovery must be specifically mentioned in the state APMC Act.
- To be valid throughout the state / UT, only one single trading license is required.
- A single market fee levied across the state/territory
Beneficiaries and Advantages
- Farmers, Mandis, Traders, Buyers, Processors, and Exporters all benefit from e-concept NAMs and implementation. The following are some of the benefits to stakeholders:
- Enhanced market accessibility through transparent internet trading Real-time price discovery for better and steady price realization for producers
- Buyers’ transaction costs are reduced.
- Commodity pricing information is available on the e-Nam smartphone app.
- The price of the commodity sold, as well as the amount, is received through SMS.
- Quality certification; improved supply chain efficiency; and warehouse-based sales
- Direct payment to the farmers’ bank accounts via the internet.
The outcome of the Scheme
- Trading permits will be easier to obtain if there are fewer regulations.
- abolition of fragmented marketplaces a seamless transfer of agricultural commodities a better supply chain and less wastage a higher price share for farmers
- Sales from a warehouse based on quality based on informed training
Information template for preparing Detailed Project Report Format for Submission of Detailed Project Report (DPR) by States to receive a one-time grant from the Agri-Tech Infrastructure Fund (ATIF) for Mandies’ integration with the National Agriculture Market (NAM) platform.
A: Introduction Name of the State and Contact Information
1. State’s Name:
2. Person to Contact:
3. Contact person’s phone number and fax number:
4. Contact Person’s Email Address:
Section B: Prevailing Legal Framework in Agriculture Marketing State Legal Framework:
i. If applicable, the full title of the APMC Act:
ii. State of the Rules for Agri-Produce Marketing in the State (if any)
8: Identification of a Single Window Clearance System for NAM (Section C)
The state must certify the establishment of a single-window clearance procedure for all items relating to the execution of the NAM and designate a nodal officer.
Nodal officer number one:
2. Nodal officer’s phone/fax number:
3. Nodal officer’s email address: