It is a pan-India electronic trading portal for agricultural commodities. It provides the farmers access to nationwide market commensurate with the quality of their produce. Select the correct answer using the code given below : - Statement 1 is correct. The National Agriculture Market (e-NAM) is designed as a pan-India electronic trading portal that integrates the existing APMC mandis to create a unified national market for agricultural commodities. - Statement 2 is correct. A key objective of e-NAM is to provide farmers with access to a wider market beyond their local mandi, allowing them to sell their produce to bidders across the nation and potentially receive better prices commensurate with the quality of their produce.
What is/are the advantage/advantages of implementing the 'National Agriculture Market' scheme ?
Asked in UPSC IAS 2017 · Topic: Agriculture and Allied Sectors (Agricultural Marketing and Value Chains)
More Economic Development questions
- Which one of the following best describes the concept of 'Small Farmer Large Field'?
- AGMARK is related to
- Which of the following organisation released Agricultural Marketing and Farm Friendly Reforms Index?
- NAFED is connected with :
- AGMARK Act came into force in India in
- APMC Act implemented to
- Which is correct regarding launching of the e-National Agriculture Market (e-NAM) from the following ? (a) Adoption of innovative agricultural technology (b) Improve price discovery mechanism (c) Provide income support to farmers (1) Only (a) and (b) are correct. (2) Only (b) and (c) are correct. (3) Only (c) and (a) are correct. (4) All are correct. (5) Question not attempted
- Which of the following statement is true about National Agriculture Market (e-NAM) scheme ? (A) The objective of the scheme is creating online transparent competitive bidding system to facilitate farmers with remunerative prices for their produce. (B) As on 1st December, 2021, 1500 Mandis have been integrated with e-NAM platform. Choose the correct answer :