UPSC Prelims 2017 Question:

What is/are the advantages/advantages of implementing the ‘National Agriculture Market’ scheme?

1. It is a pan-India electronic trading portal for agricultural commodities.
2. It provides the farmers access to nationwide markets, with prices commensurate with the quality of their produce.
   
   

Select the correct answer using the code given below:

Explanation: 

• • National Agriculture Market (eNAM) is a pan-India electronic trading portal which networks the existing Agriculture Produce Marketting Commettie (APMC) mandis to create a unified national market for agricultural commodities. So, statements 1 is correct.
    
    

• Its Mission statements involves integration of APMCs across the country through a common online market platform to facilitate pan-India trade in agriculture commodities, providing better price discovery through transparent auction process based on quality of produce along with timely online payment. So, statement 2 is correct.
  
  

• Small Farmers Agribusiness Consortium (SFAC) is the lead agency for implementing eNAM under the aegis of Ministry of Agriculture and Farmers’ Welfare, Government of India.
  
  

Therefore, option (3) is the correct answer.

Subject: Economics | Agriculture and Food Management