What is eNAM?

National Agriculture Market (eNAM) is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.

Important for Prelims – Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India.

Aims of eNAM –

• To promote uniformity in agriculture marketing by streamlining of procedures across the integrated markets.
• Removing information asymmetry between buyers and sellers.
• Promoting real time price discovery based on actual demand and supply.

How eNAM will benefit farmers?

• Integration of APMCs across the country through a common online market platform to facilitate pan-India trade in agriculture commodities.
• Providing better price discovery through transparent auction process based on quality of produce.
• Timely online payment.