e-NAM Adds 9 New Commodities to Boost Trade

e-NAM Adds 9 New Commodities to Boost Trade

The National Agriculture Market (e-NAM) platform has recently expanded its commodity base by adding nine new agricultural products. This move enhances market integration and offers farmers and traders greater access to a transparent and competitive digital marketplace. The Department of Agriculture and Farmers’ Welfare aims to strengthen farmers’ bargaining power and ensure fair pricing through standardised tradable parameters.

Recent Expansion of e-NAM Commodities

The Government of India has increased the number of tradable commodities on e-NAM from 238 to 247. The nine new commodities include Green Tea, Tea, Ashwagandha, Dry Roots, Mustard Oil, Lavender Oil, Mentha Oil, Virgin Olive Oil, Lavender Dried Flower, and Broken Rice. This expansion responds to demands from farmers and traders for wider commodity coverage.

Role of Tradable Parameters

Tradable parameters define standard grades or quality ranges for commodities. These standards link prices directly to quality, enabling farmers to receive fair value. The Directorate of Marketing and Inspection (DMI) developed these parameters after consulting state agencies, traders, experts, and the Small Farmers’ Agribusiness Consortium (SFAC). This process ensures transparency and reduces dependence on middlemen.

Benefits to Farmers and Traders

By accessing a unified digital platform, farmers can reach markets beyond their local areas. The standardisation of quality helps secure remunerative prices and protects farmer interests. Traders benefit from a competitive environment with clear quality benchmarks. This encourages a transparent and quality-driven trading ecosystem.

Government’s Vision for Agricultural Growth

The expansion of e-NAM aligns with the Government’s vision to empower farmers through digital tools. It promotes inclusive growth by integrating fragmented markets and encouraging quality-based trade. The platform supports long-term growth of India’s agricultural economy by enhancing economic resilience among farming communities.

Access and Implementation

The new tradable parameters are now available on the e-NAM portal (enam.gov.in). Farmers and traders can utilise these standards to conduct transparent transactions. The initiative also encourages states to adopt similar quality frameworks for seamless market integration across India.

Leave a Reply

Your email address will not be published.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