The Union Agriculture Ministry has decided to work on integrating the e-National Agriculture Market (eNAM) with farmer producer organisations (FPOs) and warehouses to provide end-to-end connectivity for farmers, said PK Swain, Joint Secretary, Ministry of Agriculture while addressing the BusinessLine Agri Summit 2020 on Friday.
“We are now working on the integration of eNAM with warehouse receipt, so that we can take eNAM to registered warehouses and trading can happen from the warehouse itself, without taking the goods to mandis. After the horizontal integration of FPOs with eNAM, this is another horizontal integration with warehouses. It is ready and we are waiting for a suitable day for the launch,” said Swain.
As per reports, the FPO module has undergone pilot testing.
Number of FPOs across India
As per reports, Maharashtra has 222, the maximum number of FPOs on eNAM, followed by Uttar Pradesh (91), Tamil Nadu (88), Rajasthan (87), Andhra Pradesh (80) and Gujarat (23).
He further said that apart from the existing mandis on board eNAM, those in Karnataka, Kerala and in Jammu & Kashmir will be added soon.
The coverage has reached 585 markets across 16 States and two Union Territories, while 421 additional markets are set to be covered, said Swain.
As per reports, 150 commodities including food grains, oilseeds, cereals, fibres, vegetables and fruits, are traded on eNAM, which was inaugurated by Prime Minister Narendra Modi on April 14, 2016.
The number of commodities traded has increased from 85 during the launch year (FY17) to 150 as on February 15, 2020.
The Joint Secretary further stated that the volume of e-trade on the platform has seen a CAGR of 39 per cent, while the value has grown 38 per cent, from ₹880 crore in the launch year to ₹30,470 crore as of February 2020.
