Inter-state Agri trading via eNAM in 8 states so far: Govt
Commodity Online | February 08 2019
UPDATED 13:07:49 IST

Coffee prices decline despite increase in domestic demand

Soybean output may rise to 11.48 MT this year: SOPA

India’s Wholesale inflation rate eases to 2.76% in Jan

Rice exports from India set to climb in last quarter

India raises minimum sale price of Sugar by 6.9%

Eight states including Uttar Pradesh are offering inter-state trading via 21 electronic national agricultural market (eNAM) so far in the country, the Agriculture Department said.

Under the eNAM, launched in 2016, agri-trading was initially allowed within a mandi and later inter-mandi within a state was permitted. So far, 10 states are offering inter-mandi trade within their states, a top official of Agriculture Department said.

Now, inter-state trading via eNAM mandis has started.

As many as 136 transactions have taken place so far via inter-state eNAM trading. Over 14 commodities like vegetables, pulses, cereals, oilseeds, spices among others have been traded in a short span of time, the official said.

"Volume of inter-state trade is also picking up as farmers and traders are gaining confidence in the system," he added.

"So far, 21 e-NAM mandis of eight states namely Uttar Pradesh, Uttarakhand, Andhra Pradesh, Telangana, Rajasthan, Gujarat, Maharashtra and Madhya Pradesh have joined hands to start inter-state trade on e-NAM," the official said.

Apart from Uttarakhand and Uttar Pradesh, inter-state trade also happened between Andhra Pradesh and Telangana, Rajasthan and Gujarat, Maharashtra and Rajasthan, Madhya Pradesh and Rajasthan.

Rajasthan is the first state to start inter-state trade with more than one state, establishing trade link with Gujarat, Maharashtra and Madhya Pradesh through e-NAM.

Inter-state trade on eNAM aims to remove barriers of movement of agriculture produce between geographies, increases income through appropriate monetisation of farmers' produce.- PTI

 

Commodity Arrivals Rate
Mustard Oil 28 8700.00
Coconut Oil NR 17600.00
Arecanut 6 2800.00
Sugar NR 3700.00

More

×