E-Nam: 200 new Mandis integrated

On May 1, 2020, around 200 Mandis were added to the E-NAM platform. The mandis were from 7 different states. They were joined through a video conference held by the Union Minister of Agriculture Shri Narendra Singh Tomar.

Highlights

The mandis added were from the states of Odisha, Andhra Pradesh, Gujarat, Rajasthan, Uttar Pradesh, Karnataka and Uttar Pradesh. These addends have brought the number of E-Nam mandis in the country to 785.

What is special about the step?

For the first time, a mandi from the state of Karnataka has been added to the E-NAM platform. Also, E-NAM has been integrated with the Rashtriya E-Market Service of Karnataka. This is the first time, two trading platforms of agriculture commodities have been integrated in India. This will help in inter-state trade development.

E-Nam

The National Agriculture Market was launched in 2016. It facilitates farmers, buyers and traders to trade their commodities online. More than 90 commodities are listed and are available for trade. The features of E-NAM were enhanced by attractive launchings such as BHIM, MIS dashboard, etc.

BHIM is Bharat Interface for Money. It is an application developed by National Payment Corporation of India. The app supports all the banks in the country and also helps user to transfer money instantly.

Month: Current Affairs - May, 2020