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e-NAM
–> It stands for e-National Agriculture Market (NAM)
- It is a pan-India e-trading platform designed to create a unified national market for agricultural commodities only
- In this system farmers can display their produce online from their nearest market and traders can quote price from anywhere
- This will further result in increased numbers of trade operations talking place and greater competition. It will also ensure open price discovery and better returns to farmers.
6 New features have been added to NAM this year (2018) they are summarized in the poster below :
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