The Department of Agriculture and Farmers’ Welfare, Government of India, has added 09 new commodities to the National Agriculture Market (e-NAM), increasing the total number of tradable products on the platform to 247.
This move comes in response to increasing requests from farmers, traders, and other parties for more commodities to be covered and closer market integration.
The project aims to link markets throughout India with farmers and traders through a digital trading platform that is transparent, competitive, and of good quality. Thus, access to fair prices becomes possible alongside the cut down of intermediaries.
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New commodities added to enhance farmer opportunities
The Directorate of Marketing and Inspection (DMI), which sets trading standards for e-NAM commodities, created the parameters for the 09 new commodities after consulting state agencies, traders, experts, and the Small Farmers’ Agribusiness Consortium (SFAC), with approval from Union Agriculture Minister Shivraj Singh Chouhan.
Green Tea, Tea, Ashwagandha Dry Roots, Mustard Oil, Lavender Oil, Mentha Oil, Virgin Olive Oil, Lavender Dried Flower, and Broken Rice are among the latest commodities introduced on the platform. The mentioned products not only extend the scope of e-NAM but also facilitate the farmers to market their quality products at good price much more than before.
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Transparent pricing to benefit farmers
Tradable parameters bring forth standardised grades or ranges for commodities, thus directly linking prices to quality. This practice helps farmers to get better value for their products, ensures their interests, and creates a clear trading environment.
So far, DMI has established the tradeable conditions for 238 different commodities. The total number of parameters all used up now is 247 including the recently added 09 items, which means the platform has impacted even more. The parameters can be directly searched through the e-NAM portal now (enam.gov.in), thus allowing farmers to get access to larger markets and increase their overall economic stability.
This development reflects the Centre’s commitment to including farmers equipped with the latest technology, thereby standardising trade and ensuring quality, ushering in a new era of growth in the agriculture sector that benefits all. The e-NAM platform is gradually modernising India’s agricultural markets by providing the necessary transparency, competition, and standardisation in trading.