May 26, 2024

Paull Ank Ford

Business Think different

Farmers likely to be able sell produce at farmgate

Farmers may shortly be capable to market their harvested create at farmgate, with the governing administration adding new options on the electronic National Agriculture Market place (eNAM) that bypasses the need to have for taking the create to wholesale mandis.

Agriculture Ministry on Thursday up-to-date eNAM platform by adding two new computer software modules that would recognise trade from recognised warehouses utilizing electronic negotiable warehouse receipts (eNWRs) and allow farmer producer organisations to market their create from collection centres with no bringing the create to mandi. These new computer software modules ended up unveiled by Agriculture Minister Narendra Singh Tomar in this article.

Transportation logistics

In addition, an improved version of logistic module was also introduced to facilitate inter-mandi and inter-State trade. The modified module will enable buyers monitor transportation amenities obtainable from aggregators of transportation logistics, who have signed up on the eNAM platform.

Tomar mentioned these new options are important measures in the struggle versus Covid-19 and also to enable farmers market their create at better prices from the farmgate.

Though the eNWR module will make it possible for compact and marginal farmers to trade their create stored in recognised warehouses which are declared deemed sector by the State governing administration, the new FPO module in eNAM will enable FPOs spot their create for bidding from their collection centres, the release mentioned.

Warehouses as sector

The release mentioned Andhra Pradesh (23 warehouses) and Telangana (14 warehouses) have by now declared specified warehouses as deemed sector. There are a number of added benefits of integrating eNWRs with e-NAM. Aside from encouraging depositors help save logistics expenses and farmer get better prices, this will enable farmers spot their create in WDRA accredited warehouses to attain pledge bank loan, if necessary.

This will not only decongest mandis but also enable farmers and FPOs help save transaction and logistic expenditures, it mentioned.

In accordance to the Minister, yet another 415 mandis are shortly to be extra to the eNAM portal, taking the complete registered mandis to 1,000.