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Agricultural products trade via e-NAM surges 41% in FY23.
Jun 01, 2023

Agricultural products trade through the electronic-National Agriculture Market (e-NAM) surged 41% to 18.6 million tonnes in 2022-23 from 13.2 million tonnes in the previous financial year.

'Several innovative products have started trading through these mandis,' said a senior official, who did not wish to be identified, adding that several products such as silk cocoons, saffron and bamboo are being sold on the platform.

In terms of value, agricultural products trade through the e-NAM platform increased 32% to Rs.74,656 crore from Rs.56,497 crore in 2021-22.

The trade between interstate mandis increased 36% to 2,36,140 metric tonnes in 2022-23 from 1,74,268 metric tonnes in the previous year. It was worth Rs.2.41 crore, up 117% from last year's Rs.1.11 crore.

As on November 30, 2022, 1,260 mandis of 22 states and three Union Territories (UTs) have been integrated with the e-NAM platform. The government has been working on more interstate mandis with the e-NAM to promote trade between mandis located across the country.

The states are Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Nagaland, Odisha, Punjab, Rajasthan, Tamil Nadu, Telangana, Tripura, Uttar Pradesh, Uttarakhand and West Bengal, and the UTs using the facility are Chandigarh, Jammu & Kashmir and Puducherry.

The e-NAM, launched in April 2016, is being implemented by the Small Farmers Agribusiness Consortium, a central government agency, with the support of state governments.

economictimes.indiatimes.com

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