Agriculture Ministry to link eNAM with FPOs, warehouses

The Union Agriculture Ministry is performing on integrating the e-Nationwide Agriculture Industry (eNAM) with farmer

The Union Agriculture Ministry is performing on integrating the e-Nationwide Agriculture Industry (eNAM) with farmer producer organisations (FPOs) and warehouses to provide conclude-to-conclude connectivity for farmers.

Addressing the BusinessLine Agri Summit right here on Friday, PK Swain, Joint Secretary, Ministry of Agriculture, explained the govt is performing on integrating eNAM with warehouses moreover FPOs.

“We are now performing on the integration of eNAM with warehouse receipt, so that we can acquire eNAM to registered warehouses and investing can take place from the warehouse itself, without the need of having the products to mandis. Following tte horizontal integration of FPOs with eNAM, this is a different horizontal integration with warehouses. It is ready and we are ready for a acceptable working day for the launch,” explained Swain.

The FPO module has gone through pilot tests, he included.

Point out-clever figures

As on date, at 222, Maharashtra has the most FPOs on eNAM, followed by Uttar Pradesh (ninety one), Tamil Nadu (88), Rajasthan (87), Andhra Pradesh (80) and Gujarat (23).

“We have integrated the full process (of positioning bids) with eNWR (digital Negotiable Warehouse Receipt). Below this, eNWR will be uploaded for bidding and traders on the eNAM platform can bid for it. We will also combine the logistics module below eNAM. So, immediately after payment, products can be cleared directly from the warehouse without the need of having them to mandis,” explained Swain.

He further more explained that apart from the present mandis on board eNAM, those in Karnataka, Kerala and in Jammu & Kashmir will be included shortly.

Rising protection

Providing an update on the present standing of eNAM in the state, Swain explained the protection has attained 585 marketplaces throughout sixteen States and two Union Territories, when 421 added marketplaces are established to be lined.

At present, a hundred and fifty commodities, including food grains, oilseeds, cereals, fibres, veggies and fruits, are traded on eNAM, which was inaugurated by Prime Minister Narendra Modi on April fourteen, 2016. The range of commodities traded has amplified from eighty five in the course of the launch 12 months (FY17) to a hundred and fifty as on February 15, 2020.

The Joint Secretary further more stated that the quantity of e-trade on the platform has found a CAGR of 39 for every cent, when the worth has developed 38 for every cent, from ₹880 crore in the launch 12 months to ₹30,470 crore as of February 2020.