e- National Agriculture Market Key Features

By | April 13, 2016
(Last Updated On: April 13, 2016)

National Agriculture Market

National Agriculture Market

Key features of National Agriculture Market (NAM)

  • Since agri-market reforms are integral to NAM, reforms of State APMC Act, pre condition, has been made for integration with NAM
  • 365 mandis from 12 states have been granted approval
  • E-trading portal connecting 21 mandis from 8 states is ready for launch.
  • E- trading portal will be launched on 125 birth anniversary of Dr Bhim Rao Ambedkar at Vigyan Bhawan, New Delhi on 14th April 2016 by the Hon¡¯ble Prime Minister.

National Agriculture Market Benefits

Union Agriculture and farmers Welfare Minister, Shri Radha Mohan Singh here today brief the media about the launching of National Agriculture Market e-market platform. Shri Singh said that the Government of India approved the National Agriculture Market (NAM) Scheme on 1st July 2015 with the objective to usher much needed agri-marketing reforms in order that farmers produce may fetch the best prices. The scheme was sanctioned with a budget of Rs. 200 crores and with the aim to integrate 585 regulated markets with the common e-market platform by March 2018. Since agri-market reforms are integral to NAM, reforms of State APMC Act in terms of

(a) a single license for trading to be valid across the State,

(b) single point levy of market fee and

(c) provision for electronic auction as a mode for price discovery, has been made a pre condition for integration with NAM.

States Selected for National Agriculture Market

Agriculture and farmers Welfare Minister informed that many States and Union Territories expressed their willingness to join NAM, however, detailed proposals were received from 12 States for integration of 365 mandis.  Of these, 21 mandis from 8 States (Gujarat, Telangana, Jharkhand, Madhya Pradesh, Rajasthan, Uttar Pradesh, Haryana, and Himachal Pradesh) have been selected for the Pilot launch of the NAM e-market platform.

 National Agriculture Market Start Date

Shri Singh said that NAM portal will be formally launched on 14th April 2016 by the Hon¡¯ble Prime Minister from Vigyan Bhawan, New Delhi between 6:30 PM to 7:30 PM on the 125thbirth anniversary of Dr Bhim Rao Ambedkar.  It will be an electronic launch with the push of a button by the Hon¡¯ble Prime Minister. Other dignitaries invited for the occasion are Shri Ravi Shankar Prasad, Union Minister for Communications & IT,  Shri Mohanbhai K. Kundariya, Union Minister of State for Agriculture & Farmers Welfare, Dr. Sanjeev Kumar Balyan, Union Minister of State for Agriculture & Farmers Welfare.  Other guests include Senior Officers from the Central & State Governments, President¡¯s of CII, FICCI & ASSOCHAM, Farmers from Haryana, Uttar Pradesh & Delhi, etc.  Simultaneously in the 21 pilot mandis across 8 States, State dignitaries and VIPs will be present to inaugurate the e-portal for online trading of identified agricultural commodities.

State wise list of mandis for Pilot launch for  National Agriculture Market

Sr.No.

State

APMC

DistrictCommodity proposed
1GujaratPatanPatanCastor Seed
2BotadBhavnagarChana (Black Gram)
3HimmatnagarSabarkanthaWheat
4TelanganaTirumalgiriNalgondaPaddy
5NizamabadNizamabadTurmeric
6BadepallyMahboobnagarMaize
7HyderabadHyderabadOnion
8WarangalWarangal Maize
9RajasthanRamganj MandiKota Chana (Black Gram)
10Madhya PradeshKarond, BhopalBhopalChana (Black Gram)
11Uttar PradeshSultanpurSultanpurWheat
12LakhimpurLakhimpur KheriWheat
13LalitpurLalitpurWheat
14BahraichBahraichWheat
15SaharanpurSaharanpurWheat
16MathuraMathuraWheat
17HaryanaEllanabadSirsaMustard
18KarnalKarnalWheat
19JharkhandPandra, RanchiRanchiMahua Flower & Tamarind
20Himachal PradeshFruit Mandi, SolanSolanShelling Peas
21Dhalli, Shimla Shimla Shelling Peas

 List of Commodities to be traded on National Agriculture Market

S.No.COMMODITY
1.WHEAT
2.MAIZE
3.CHANA
4.CASTOR SEED
5.JOWAR
6.BAJRA
7.BARLEY
8.GROUNDNUT
9.SOYABEAN
10.MUSTARD SEED
11.PADDY
12ARHAR
13.URAD
14.MASOOR
15.MOONG
16.REDCHILLI
17.CUMIN
18COTTON
19.POTATO
20.ONION
21.APPLE
22.TURMERIC
23.SHELLING PEAS
24.MAHUA FLOWER
25.TAMARIND
Direct Taxes Ready ReckonerService Tax Ready ReckonerCompany Law Ready Reckonertax deduction at source
New Books Released on Tax , GST and law

One thought on “e- National Agriculture Market Key Features

  1. Pingback: RAJENDRA PRASAD CENTRAL AGRICULTURAL UNIVERSITY ACT 2016 - Tax Heal

Leave a Reply

Your email address will not be published. Required fields are marked *