Objective:

• Unified Market Platform: To provide a single digital platform for agricultural markets across the country, improving transparency and efficiency in trading.

• Better Price Discovery: Facilitate better price discovery for farmers through real-time market information.

• Reduced Intermediaries: Minimize the role of intermediaries and enhance farmers’ direct access to buyers.

Features and Enhancements in eNAM 2.0

• Integration with Other Platforms: Integration with other agricultural and market platforms to provide a comprehensive market experience.

• Advanced Analytics and Reporting: Enhanced tools for market analysis, reporting, and decision-making.

• Improved User Interface: A more user-friendly and intuitive interface for ease of use by farmers, traders, and market officials.

• Support for Multiple Languages: Availability in multiple regional languages to cater to a diverse user base.

• Real-Time Market Information: Access to real-time data on prices, demand, and supply across various markets.

• Enhanced Security Features: Improved security measures to protect user data and transactions.

• Mobile Access: Mobile-friendly version to facilitate access from smartphones and tablets.

• Integration with Payment Systems: Linkage with digital payment systems for easier transactions and settlements.

Benefits:

• Price Transparency: Provides real-time pricing information, helping farmers make informed decisions.

• Market Access: Expands market access for farmers by connecting them to a wider range of buyers and markets.

• Efficiency: Streamlines the trading process, reducing delays and transaction costs.

• Reduced Manipulation: Minimizes the influence of middlemen and ensures fair trading practices.

• Data-Driven Decisions: Access to market analytics and trends for better decision-making.

Eligibility:

• Farmers: Small and marginal farmers can register and participate in the eNAM platform.

• Traders: Licensed traders and buyers can access the platform for purchasing agricultural produce.

• Market Committees: Agricultural Produce Market Committees (APMCs) and other market bodies can use the platform for managing transactions.

Implementation:

• Platform Development: Developed and maintained by the Ministry of Agriculture and Farmers Welfare in collaboration with various state governments.

• Training and Support: Training programs for users, including farmers, traders, and market officials, to effectively use the platform.

• Integration with State Markets: Integration with state-level agricultural markets and APMCs for a seamless experience.

• Technical Support: Ongoing technical support and updates to address issues and improve the system.

Funding and Administration

• Central Government Funding: Financial support for the development and expansion of the platform.

• State Government Contributions: Implementation and maintenance at the state level.

• Administrative Oversight: Managed by the Ministry of Agriculture, with coordination from state agricultural departments.

Recent Developments

• Enhanced Features: Introduction of new features and improvements based on user feedback and technological advancements.

• Wider Adoption: Increased adoption by states and integration with additional markets.

• Partnerships: Collaboration with private sector and technology partners for better service delivery and innovation.

• Partnerships: Collaboration with private sector and technology partners for better service delivery and innovation.

eNAM 2.0 aims to create a more robust and efficient agricultural market system, benefiting farmers by improving access to markets, ensuring fair pricing, and reducing inefficiencies in the trading process.