E-NAM: Difference between revisions

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further reading

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-{{MOS|date=June 2017}}
+{{MOS|date=June 2017}}{{Short description|Government of India onilne agri-commodities marketplace}}
 {{use dmy dates|date=June 2016}}
 {{use Indian English|date=June 2016}}
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 |homepage  = https://enam.gov.in/web/
 }}
-'''National Agriculture Market''' or '''eNAM''' is an online trading platform for agricultural commodities in India. The market facilitates farmers, traders and buyers with online trading in commodities.<ref>{{Cite web|url=https://www.businesstoday.in/top-story/can-enam-flip-indian-farmers-fate/story/282538.html|title=Can eNAM flip Indian farmers' fate?- Business News|website=www.businesstoday.in}}</ref> The market is helping in better price discovery and providing facilities for smooth marketing of their produce. The market transactions stood at {{INRconvert|36200|c|year=2018}} by January 2018, mostly intra-market. Over 90 commodities including staple food grains, vegetables and fruits are currently listed in its list of commodities available for trade.<ref>{{citation |title=List of Commodities |url=http://www.enam.gov.in/NAM/home/commodity.html# |work=NAM |date=14 April 2016 |access-date=29 December 2016 |archive-url=https://web.archive.org/web/20180619012803/http://www.enam.gov.in/NAM/home/commodity.html |archive-date=19 June 2018 |url-status=dead }}</ref> The eNAM markets are proving popular as the crops are weighed immediately and the stock is lifted on the same day and the payments are cleared online. In February 2018, some attractive features like [[Management Information System|MIS dashboard]], [[BHIM]] and other mobile payments, enhanced features on the mobile app such as gate entry and payment through mobile phones and farmers database is helping adoption even more. The present trading is done mostly for intra-market, but in phases, it will be rolled out to trade in inter-market, inter-state, creating a unified national market for agricultural commodities.
+'''National Agriculture Market''' or '''eNAM''' is an online trading platform for agricultural commodities in India. The market facilitates farmers, traders and buyers with online trading in commodities.<ref>{{Cite web|last=Kapoor|first=Mudit|date=18 September 2018|title=Can eNAM flip Indian farmers' fate?|url=https://www.businesstoday.in/latest/story/can-enam-flip-indian-farmers-fate-110419-2018-09-18|url-status=live|access-date=2021-11-24|website=Business Today|language=en}}</ref>
+The market helps in better [[price discovery]] and providing facilities for smooth marketing of produce. The market transactions stood at {{INRconvert|36200|c|year=2018}} by January 2018, mostly intra-market. Over 90 commodities including staple food grains, vegetables and fruits are currently listed in its list of commodities available for trade.<ref>{{citation |title=List of Commodities |url=http://www.enam.gov.in/NAM/home/commodity.html# |work=NAM |date=14 April 2016 |access-date=29 December 2016 |archive-url=https://web.archive.org/web/20180619012803/http://www.enam.gov.in/NAM/home/commodity.html |archive-date=19 June 2018 |url-status=dead }}</ref>
+The eNAM markets are proving popular as the crops are weighed immediately and the stock is lifted on the same day and the payments are cleared online. In February 2018, some attractive features like [[Management Information System|MIS dashboard]], [[BHIM]] and other mobile payments, enhanced features on the mobile app such as gate entry and payment through mobile phones and farmers database is helping adoption even more. The present trading is done mostly for intra-market, but in phases, it will be rolled out to trade in inter-market, inter-state, creating a unified national market for agricultural commodities.
 ==History==
-It was launched by the Ministry of Agriculture, [[Government of India]]. The electronic market pilot across India was launched on 14 April 2016 by [[Prime Minister of India]], [[Narendra Modi]]. The Portal is managed by Small Farmers’ Agribusiness Consortium (SFAC) with the technology provider, NFCL’s iKisan division.
+It was launched by the Ministry of Agriculture, [[Government of India]]. The electronic market pilot across India was launched on 14 April 2016 by [[Prime Minister of India]], [[Narendra Modi]]. The Portal is managed by Small Farmers’ Agribusiness Consortium (SFAC) with the technology provider, NFCL’s iKisan division. A similar project was initiated by the Congress government in the State of [[Karnataka]], during UPA tenure and had been a great success. NDA government has rolled it out nationally.
-A similar project was initiated by the Congress government in the State of [[Karnataka]], during UPA tenure and had been a great success. NDA government has rolled it out nationally.
-==The Market==
+==About==
 On the ENAM platform, farmers can opt to trade directly on their own through the mobile app or through registered commission agents.
-The eNAM is linked with 1000 markets ([[APMC]]s) in 18 states and 2 union territory, with over 50 lakh farmer membership in 18 states.<ref>{{citation |title=What’s in National Agriculture Market? |url=http://indianexpress.com/article/india/india-news-india/whats-in-national-agriculture-market |work=[[The Indian Express]] |date=14 April 2016 }}</ref> The market is helping traders and exporters in procuring quality products in bulk, at one place and ensure transparent financial transactions.
+The eNAM is linked with 1000 markets ([[APMC]]s) in 18 states and 2 union territory, with over 50 lakh farmer membership in 18 states.<ref>{{Cite web|last=Damodaran|first=Harish|date=2016-04-14|title=What’s in National Agriculture Market?|url=https://indianexpress.com/article/india/india-news-india/whats-in-national-agriculture-market/|url-status=live|access-date=2021-11-24|website=The Indian Express|language=en}}</ref> The market is helping traders and exporters in procuring quality products in bulk, at one place and ensure transparent financial transactions.
 The Government plans to connect over 22,000 [[GrAM]]s, local farmers markets, with the platform. To provide better grading and assaying services, the Agriculture Department is looking at looping in [[AGMARK]] for better certification.
-==Technology==
+===Technology===
-The trading is done online, with trading computers or through the mobile app in all e-nam markets.
+The trading is done online, with trading computers or through an eNAM mobile application is available on [[Android (operating system)|Android]] for farmers and traders to bid and complete a transaction on the app, available in 8 languages. The [[Management Information System|MIS dashboard]] was introduced in February 2018, to give a greater insight into the performance of each market (mandi) in terms of arrival and trade in commodities.
-===Mobile App===
+The payment network RTGS/NEFT, debit card and internet banking was also integrated into the app. In 2017 mobile payment, [[Unified Payment Interface]] (UPI) facility through [[BHIM]] support was added in the app.<ref>{{Cite web|last=|date=22 February 2018|others=PTI|title=In eNAM reboot, Govt introduces six new features|url=https://www.thehindubusinessline.com/economy/agri-business/in-enam-reboot-govt-introduces-six-new-features/article22818408.ece|url-status=live|access-date=2021-11-24|website=The Hindu BusinessLine}}</ref> [[Kotak Mahindra Bank]] ([[Kotak Mahindra Bank|KMBL]]) has been selected as a digital payments partner by the National Agriculture Market (eNAM). [[Kotak Mahindra Bank|KMBL]] will enable and facilitate online transactions for all stakeholders on the eNAM platform, including farmers, traders and farmer producer organizations (FPOs). Under this initiative, Kotak Mahindra Bank will provide payment, clearing and settlement services on the eNAM platform to facilitate trade between a buyer and seller of agri produce. Kotak Mahindra Bank has integrated its payment system and portal directly with the payment interface of eNAM, to enable quick and safe transactions for agri participants who have joined the platform.<ref>{{Cite web|date=5 May 2021|title=Kotak Mahindra Bank to Extend Online Payments to Farmers & Traders|url=https://www.outlookindia.com/outlookmoney/banking/kotak-mahindra-bank-to-extend-online-payments-to-farmers-traders-7082|url-status=live|access-date=2021-07-09|website=Outlook India Money}}</ref>
-An eNAM mobile application is available on [[Android (operating system)|Android]] for farmers and traders to bid and complete a transact on the app, available in 8 languages.
-===Payment===
+The mobile phone gate entry, integration of farmers database and e-learning module is available. The agents are mostly using the eNAM mobile App for trading on behalf of farmers. The critical operation of gate entry from e-NAM mobile app helps facilitate the farmers to do advance gate entry on mobile app, which in turn will reduce a lot of time for farmers coming into the market and will bring huge efficiency and facilitate smooth arrival recording at the gate. A new feature has been introduced for farmers, where they can see the progress of their lot being traded and also real time bidding progress of price will be visible to farmers on their mobile app.
-The payment network RTGS/NEFT, debit card and internet banking was also integrated into the app. In 2017 mobile payment, [[Unified Payment Interface]] (UPI) facility through [[BHIM]] support was added in the app.<ref>{{Cite web|url=https://www.thehindubusinessline.com/economy/agri-business/in-enam-reboot-govt-introduces-six-new-features/article22818408.ece|title=In eNAM reboot, Govt introduces six new features|website=@businessline}}</ref>
-[[Kotak Mahindra Bank]] ([[Kotak Mahindra Bank|KMBL]]) has been selected as a digital payments partner by the National Agriculture Market (eNAM). [[Kotak Mahindra Bank|KMBL]] will enable and facilitate online transactions for all stakeholders on the eNAM platform, including farmers, traders and farmer producer organizations (FPOs). Under this initiative, [[Kotak Mahindra Bank]] will provide payment, clearing and settlement services on the eNAM platform to facilitate trade between a buyer and seller of agri produce. [[Kotak Mahindra Bank]] has integrated its payment system and portal directly with the payment interface of eNAM, to enable quick and safe transactions for agri participants who have joined the platform.<ref>{{Cite web|title=Kotak Mahindra Bank to Extend Online Payments to Farmers & Traders|url=https://www.outlookindia.com/outlookmoney/banking/kotak-mahindra-bank-to-extend-online-payments-to-farmers-traders-7082|access-date=2021-07-09|website=www.outlookindia.com/outlookmoney/|language=en}}</ref>
-===Gate entry===
-The mobile phone gate entry, integration of farmers database and e-learning module is available. The agents are mostly using the eNAM mobile App for trading on behalf of farmers.
-The critical operation of gate entry from e-NAM mobile app helps facilitate the farmers to do advance gate entry on mobile app, which in turn will reduce a lot of time for farmers coming into the market and will bring huge efficiency and facilitate smooth arrival recording at the gate.
-A new feature has been introduced for farmers, where they can see the progress of their lot being traded and also real time bidding progress of price will be visible to farmers on their mobile app.
 ==Adoption==
-The [[Management Information System|MIS dashboard]] was introduced in February 2018, to give a greater insight into the performance of each market (mandi) in terms of arrival and trade in commodities.
 The six States with the most eNAMs as of March 2021 are Uttar Pradesh – 125 (Lead by Mr. Anshul Sharma from SP Team), Madhya Pradesh – 80, Haryana - 81, Maharashtra – 118, Gujarat – 122, Telangana – 57 and Punjab - 37 (Lead by Ajay Bansal from SP Team).
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 ==References==
 {{reflist}}
+== Further reading ==
+* {{Cite thesis|title=Economic Study of National Agriculture Market (eNAM) in Bikaner District of Rajasthan|date=2018|degree=MSc in Agriculture (Agricultural Economics)|publisher=[[Swami Keshwanand Rajasthan Agricultural University]]|url=https://krishikosh.egranth.ac.in/handle/1/5810090528|last=Nitesh}}
+* {{Cite web|last=Nirmal|first=Rajalakshmi|date=11 January 2018|title=Why the eNAM platform hasn’t taken off despite all the fanfare|url=https://www.thehindubusinessline.com/economy/agri-business/why-the-enam-platform-hasnt-taken-off-despite-all-the-fanfare/article9776034.ece|url-status=live|access-date=2021-11-26|website=The Hindu BusinessLine}}
 ==External links==
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 *[[doi:10.1177/0972262920977979|Modelling the Enablers of e-Trading Adoption in Agricultural Marketing: A TISM-Based Analysis of eNAM]]
 *[https://rdcu.be/cxSON Ranking the Factors Influencing e-Trading Usage in Agricultural Marketing]
+{{Agriculture in India}}
 [[Category:Agricultural marketing in India]]
 [[Category:Modi administration initiatives]]