Indian History

Agriculture-Marketig

1. Following the Budget announcements in July 2014 and 2015, the scheme for setting up of a National Agriculture Market (NAM) through an Agri-Tech Infrastructure Fund (ATIF) was approved by the Cabinet Committee on Economic Affairs (CCEA) on 1 July 2015 with a budget of R200 crore, to be implemented during 2015-16 to 2017-18.

2. The revised scheme envisages implementation of NAM by setting up of an appropriate common e-market platform that would be deployable in selected regulated wholesale markets in States/Union Territories (UT) desirous of joining the e-platform.

3. In order that farmers produce may fetch the best prices, Government of India has launched the National Agriculture Market Scheme on 1st July 2015 with Rs. 200 crores, with the aim to integrate 585 regulated markets with the common e-market platform by March 2018.

4, By 30th April, 2016 approval had been granted for a total of Rs. 159.43 crore towards integration of 365 Markets of 12 States/UTs namely Gujarat, Maharashtra, Telangana, Jharkhand, Chhattisgarh, Madhya Pradesh, Rajasthan, Chandigarh (UT), Uttar Pradesh, Haryana, Andhra Pradesh and Himachal Pradesh with National Agriculture Market (NAM) and for implementation of the NAM Platform by the Strategic Partner.

5. Under this Scheme, the e-trading platform (e-NAM) has been operationalized on 14th April, 2016 on the 100th Birth Anniversary of Dr. Bhim Rao Ambedkar by Hon'ble Prime Minister.

6. BetweenApril 2016- September 2016, 200 markets will be integrated with this e-trading Portal. By 31st March 2017, the next batch of 200 Mandis will be integrated with this e-trading Portal. Remaining 185 Mandis will be integrated with this e-trading Portal by 31st March 2018.

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