Source: financialexpress.com

Under eNAM, harmonisation of quality standards of agricultural produce and provision for assaying (quality testing) infrastructure in every market is mandatory to enable informed bidding by the buyers.

By: Nanda Kasabe | Pune | 

February 28, 2018 
Out of 60 Agriculture Produce Market Committees (APMCs) in Maharashtra, 30 have switched to digital transactions and have begun e-auctions. These 30 APMCs were part of the first phase of the Union agriculture ministry-promoted electronic platform National Agriculture Market (eNAM). Soon, 15 more mandis are expected to begin e-auctions as well.

Maharashtra cooperation minister Subhash Deshmukh, who reviewed the functioning of the 60 market committees in the state, said that directives have been issued to completely stop cash transactions in these 30 committees and move on to digital transactions. He stated assaying laboratories have been set up in 28 market committees for quality control of the agricultural produce.

Under eNAM, harmonisation of quality standards of agricultural produce and provision for assaying (quality testing) infrastructure in every market is mandatory to enable informed bidding by the buyers.  Common tradable parameters have so far been developed for 69 commodities.

In Maharashtra, 1,008 lots have been tested and checked in some 17 market committees, the minister added. Assaying services will begin in another 11 market committees soon. According to Dehsmukh, e-payment services have commenced on a pilot basis in Daund and Wardha market committees. Till date, 2,24,487 farmers, 7,570 traders and 6,991 commission agents have registered under eNAM.

Maharashtra has also declared awards for mandis that perform well in eNAM, the first state to do so. The minister also said that action will be taken against mandis that which do not comply as per rules. The National Agriculture Market (NAM) is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.

The NAM portal provides a single window service for all APMC related information and services. This includes commodity arrivals & prices, buy and sell trade offers, provision to respond to trade offers, among other services. The Centre has allotted around `30 lakh per mandi, which means the state has received Rs 9 crore for the project.

The progress of these mandis will be monitored following which the state shall move into the next phase in three to four months, MSAMB MD Sunil Pawar had said earlier. While material flow (agriculture produce) continue to happen through mandis, an online market reduces transaction costs and information asymmetry.The government has tried to free up agricultural markets and let farmers sell at the best prices they can get. (Source: financialexpress.com)