What is/are the advantage/advantages of implementing the ‘National Agr

What is/are the advantage/advantages of implementing the ‘National Agriculture Market’ scheme ?

  • It is a pan-India electronic trading portal for agricultural commodities.
  • It provides the farmers access to nationwide market commensurate with the quality of their produce.

Select the correct answer using the code given below :

1 only
2 only
Both 1 and 2
Neither 1 nor 2
This question was previously asked in
UPSC IAS – 2017
Both statements 1 and 2 are correct.
– Statement 1 is correct. The National Agriculture Market (e-NAM) is designed as a pan-India electronic trading portal that integrates the existing APMC mandis to create a unified national market for agricultural commodities.
– Statement 2 is correct. A key objective of e-NAM is to provide farmers with access to a wider market beyond their local mandi, allowing them to sell their produce to bidders across the nation and potentially receive better prices commensurate with the quality of their produce.
e-NAM aims to bring transparency to agricultural trade by facilitating online trading, promoting better price discovery, and streamlining procedures at the mandis.