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Trade in farm goods on e-NAM surpasses Rs 23,500 cr in first 4 months of 2024-25

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Trade in farm goods on e-NAM surpasses Rs 23,500 cr in first 4 months of 2024-25

by Blitz India Media
August 9, 2024
in News
trade
Blitz Bureau

NEW DELHI: The trade turnover on the government’s electronic National Agriculture Market (e-NAM) has increased by 13 per cent to surpass the Rs 23,500 crore mark in the first four months (April-July) of the current financial year with more states coming on board the pan-India digital wholesale platform, a senior official confirmed.

The volume of trade in agricultural goods on the e-NAM platform has more than doubled from Rs 34,940 crore in 2019-20 to Rs 78,424 crore in 2023-24, according to official figures. Mandis in 27 states including Tamil Nadu (157), Rajasthan (145), Gujarat (144), Maharashtra (133), Uttar Pradesh (125) and Haryana (108) have been integrated into the digital platform since its launch in April 2016.

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Agriculture Minister Shivraj Singh Chouhan has announced that over 1,500 more mandis will be integrated with the e-NAM platform. In addition, 4009 farmer producers organisations, 0.25 million traders and around 0.11 million commission agents are registered with e-NAM.

The e-NAM platform currently allows online trading in over 200 farm goods. The agriculture ministry has directed all the central agencies such as the Food Corporation of India, farmers’ cooperative NAFED and others engaged in the procurement and selling of grain, pulses and other agricultural produce to use the platform for better price discovery.

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