Modi launches e-market for Farm Produce; Terms it 'Turning point' - Dollar Advisory & Financial Services

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Friday 15 April 2016

Modi launches e-market for Farm Produce; Terms it 'Turning point'

Prime Minister Narendra Modi on Thursday launched an e-trading platform for agricultural products, terming it a "turning point" to ensure transparency in buying and selling of farmers' produce across the country

 

The Internet-based e-NAM (National Agriculture Market) is aimed at integrating 'mandis' to help both farmers and buyers by providing them data of produce available, its quality and the price being offered at the bidding markets.

 

"This is a turning point for the agriculture community. The agriculture sector has to be looked at holistically, and it is only then that maximum benefit of the farmer can be ensured," said Modi, addressing a gathering of farmers at Vigyan Bhawan here on the occasion.

 

He said that the e-trading platform will help farmers and buyers access a huge market and help them to decide for themselves by providing choices.



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