In the April-October period of the current fiscal, there has been a 260% annual spike in intermandi trade on e-NAM to ₹785 crore. In terms of inter-state trade, which was not happening a year ago, there has been an increase since the beginning of the year.
An agriculture ministry official said while the volume of intermandi trade is still a small portion of total e-NAM turnover of ₹37,000 crore in April-October this year, it indicates a gradual shift to the digital platform, being used for better price discovery by the farmers.
On Saturday, the National Cooperative Consumers' Federation of India (NCCF) purchased onion from farmers in Kurnool, Andhra Pradesh using e-NAM platform for the first time. Similarly, turmeric was sold for the first time at Nizamabad mandi, Telangana, using the online platform to an institutional buyer in Madurai, Tamil Nadu.
Diese Geschichte stammt aus der November 06, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der November 06, 2023-Ausgabe von Financial Express Mumbai.
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