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e-NAM instead of APMC
Why is it in the news?
- The States were being asked to reject the agricultural produce marketing committee (APMC) system in favour of a pan-India electronic trading portal (e-NAM).
More in the news
- e-NAM creates a unified national market for agricultural commodities.
- So far, the Centre had been focussed on reforming APMCs, allocating funds to upgrade them.
- While having served their purpose at one time, APMCs now posing many difficulties.
- Coverage in e-NAM:
(1) It is not clear if the online portal is ready to bear the entire burden of agricultural trade.
(2) Only 1.6 crore farmers have registered on the portal so far, from among the almost 12 crore cultivators in the country.
(3) Only about half of those registered have benefited from the platform.
(4) Out of almost 2,500 APMCs, 585 in 18 States have been connected to the eNAM portal so far.
Source
The Hindu.