Source: BS
Context:
The Centre’s electronic National Agriculture Market (e-NAM) 2.0, aimed at enhancing mandi operations, is facing data migration challenges in Rajasthan. Rajasthan and Tamil Nadu were selected as pilot states for the new platform.
electronic National Agriculture Market (e-NAM)
- e-NAM is a pan-India electronic trading platform for agricultural commodities, launched to create a unified national market for farmers.
- It connects mandis (agricultural markets) across states, enabling transparent price discovery and easier trade.
Objectives
- Improve farmer income by providing better prices through competitive bidding.
- Reduce intermediation and market fragmentation across states.
- Facilitate direct access to buyers, assayers, and logistics providers.
- Promote digital trading, transparency, and efficiency in agricultural markets.
Key Features (e-NAM 2.0)
- Bank account validation and e-KYC for farmers and traders using Aadhaar.
- Integration of assaying, logistics, and value-added services.
- Designed to be robust, scalable, user-friendly, and open-network compliant.
- Supports real-time trading, price discovery, and data-driven market insights.
Features of e-NAM 2.0
- Designed to be efficient, robust, user-friendly, inclusive, scalable, and open-network compliant.
- Key functionalities include:
- Bank account validation
- eKYC via Aadhaar
- Onboarding of assaying, logistics, and other value-added service providers
- Objective: overcome logistical gaps, enable faster trade, reduce wastage, and improve mandi efficiency.
