Coming in November, e-NAM 2.0 can help increase buyer and seller participation

The Ministry of Agriculture plans to launch the Electronic National Agricultural Market (e-NAM) 2.0 by the end of November by changing the guidelines to increase the participation of both buyers and sellers. This sets the tone for much-needed reforms, said Agriculture Minister Manoj Ahuja. Speaking at a day-long seminar on ‘e-NAM 2.0 and Agricultural Market Reforms’, Ahuja said “The speakers raised many questions”. This is our task.” He advised the authorities to find solutions that could be implemented. 

 Faiz Ahmed Kidwai, Additional Secretary (Marketing), Ministry of Agriculture, said that e-NAM 2.0 is an improved version of the current version, with reforms in the state’s APMC Act determining its success. Urging more buyers and sellers to participate in e-NAM, he said this goal can only be achieved through ease of doing business. He cited Amazon as an example and asked why buyers use this platform. “One important aspect for the interest of buyers and sellers in a trading platform like e-NAM is information. While buyers are concerned about the quality of the product they are buying, farmers are interested in the correct price of the product they are selling,” said Ahuja, suggesting that the design of the e-NAM 2.0 module should include aspects to consider. 

 “Margins Increase Costs” 

  The minister of agriculture advised countries not to create artificial limits in the name of regulations because such measures will ultimately increase costs. Referring to the  Farmgate app in Madhya Pradesh, he said that it is the way forward as every farmer will first try to sell his produce at his doorstep if a suitable option is available. Ahuja also pointed out that there is a “world of difference” between the mandi prices on the Agmarknet portal and e-NAM. “In a good market (e-NAM) that captures prices, there is no such difference. This means that the transaction is not hijacked on the Internet, but someone puts the number later. This defeats the purpose of e-NAM”.  Speaking to Business Line, Maninder Kaur Dwivedi, CEO,  Small Farmers Agribusiness Consortium (SFAC), which manages the e-NAM portal, said many issues will be phased into the next version, and feedback from stakeholders will be considered and accepted.

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