Regular Update
ATM News Network: e-NAM, a flagship initiative of the Ministry of Agriculture and Farmers Welfare, has won the Platinum Award in the Digital Empowerment of Citizens Category in Digital India Awards 2022 held in New Delhi.
The President of India, Droupadi Murmu, as Chief Guest of the event, has conferred the Digital India Awards, 2022 to Dr N Vijaya Lakshmi, Joint Secretary, Ministry of Agriculture, in the presence of Ashwini Vaishnaw, Minister of Electronics and Information Technology, Railways and Communications and other dignitaries.
e-NAM is a digital platform integrating 1260 APMC mandis across 22 States and 3 UTs to facilitate online trading of 203 agriculture and horticulture commodities to enable farmers to realize better remunerative prices for their produce. e-NAM is catalysing the digital transformation of mandi operations and e- trading of agricultural commodities.
As on 31.12.2022, more than 1.74 Crore farmers and 2.39 Lakh traders have been registered on e-NAM portal. A total trade consisting of 69 million metric tonnes of worth Rs. 2.42 lakh crore has been recorded on e-NAM platform.
e-NAM is providing various benefits and facilities to farmers and other stakeholders such as providing access to prevailing commodity price on mobile app, GPS based feature capturing e-NAM mandis and mandi prices within 100 kms radius along with route map.
e-NAM also provides advance lot registration, SMS alert on final bid price of the lot and payment receipt, Real time competitive price bidding through e-NAM, weighment integration for accurate weight, bidding progress available on mobile, facilitates direct trade between farmer and trader.
It also facilitates direct payment to Farmer’s bank account, reduction in the transaction costs of buyers and sellers, FPO trading module to facilitate FPOs to e-trade through e-NAM.
