The government of India has announced its plans to link additional 200 wholesale mandis to the online trading platform eNAM this fiscal. “This will also encourage inter-mandi transactions,” an official of Agriculture Ministry said.
At present, 585 regulated mandis in 14 states are linked with the electronic National Agriculture Market (eNAM) launched in April 2016.
Though the target is to connect 200 more mandis to the eNAM platform this year, but the priority would be given to improve the quality and encourage inter-mandi online trading,” the official said.
Agriculture Secretary SK Pattanayak told PTI that there were initial hiccups but those have been overcome. “The eNAM system is now more established. Farmers are very happy and more states have started showing interest,” Pattanayak said.
Online trading on the eNAM platform can be done through website, trading platform and mobile App available in several regional languages.
So far, 73.50 lakh farmers, 53,163 commission agents and over 1 lakh traders are registered on the eNAM platform from 14 states. “We will focus on quality. Once inter-mandi is in place, we can link more mandis,” Pattanayak noted.
The 14 states include Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh and Uttarkhand.
In the first phase, the government wants to ensure all wholesale agri-mandis adopt online auction and gradually will allow trading between mandis in a state and eventually between mandis outside states, thereby setting up a single national agriculture market for the benefit of farmers.