About 1000 more mandis will be covered nationwide under e-name

(By delegate) Mumbai, Ta. 06 February 2021, Saturday

According to central government sources, it has been decided to expand the electronic national agriculture market (e-name) in the country. In the new financial year starting from April 2021, such coverage will be widened and about 1,000 more mandis across the country will be brought under the e-naming facility of such electronic national agriculture market, government sources said.

The e-name is being expanded to increase the reach of farmers to multiple markets and to reach out to various buyers across the country, the sources said. The agriculture ministries have linked about 1,000 mandis in the country with e-names and in the recent budget presented to the finance minister at the Center, the government has decided to increase the number of such mandis to 5,000.

Meanwhile, on a nationwide basis, about 13 million farmers and about 1.5 million traders have registered on such digital platforms, sources said. About 415 lakh tonnes of bulk commodities and about 5 lakh tonnes of coconuts and bamboo have been traded in such digital trading so far and the total value of such trading has increased to about Rs 1.5 lakh crore. The e-name platform-mobile app has become stronger during the Corona era and the FPO trading module has also been introduced during this period.

The module will enable farmer producer organizations to sell their agricultural products from their collection centers and will not have to bring their agricultural products to the markets, sources said. About 15 to 18 FPOs have come on board so far on the e-name platform.

In addition, a trading module based on warehouse has also been lent. Meanwhile, an upgraded version of the logistics module has also been developed to facilitate inter-market and inter-state trades. This will enable monitoring of the movement of agricultural products.

Comments

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

Information about soymilk and casein products

The brokerage firm objected to SEBI's new proposal regarding Algo Trading