Arab Today, arab today india launches first etrading portal for farmers
Last Updated : GMT 21:55:53
Arab Today, arab today
Arab Today, arab today

India launches first e-trading portal for farmers

Arab Today, arab today

Arab Today, arab today India launches first e-trading portal for farmers

Indian Prime Minister Narendra Modi speaks during the launch the National Agriculture Market
New Delhi - AFP

India launched its first electronic trading portal Thursday to allow farmers to sell their goods across the country, in move aimed at improving livelihoods of struggling growers and boosting the rural economy.

The National Agriculture Market (eNAM) will allow farmers to monitor the cost of commodities, gauge demand and gain easier access to markets in other parts of the nation, which will boost competition and eliminate middlemen.

"This will empower the farmers who will now decide when, where and at what cost they want to sell their produce in any part of the country," Prime Minister Narendra Modi said at the launch in New Delhi.

He said eNAM will also "usher in transparency" and help the government meet its target of doubling farmers' income in the next five years.

In February, the government pledged to spend billions of dollars to help struggling farmers through various measures, including a crop insurance scheme and better access to markets.

India's vast farming sector is suffering after two years of weak monsoon rains, and from high inflation.

The eNAM platform currently lists 23 commodities and integrates 21 agricultural markets across eight Indian states. It plans to include over 400 markets by next March, and 585 markets across India by March 2018.

"For the first time in India, 'one nation and one market' is being developed and this market status will be elevated to the status of international market," India's Agriculture and Farmers Welfare minister, Radha Mohan Singh, said at the launch.

While farmers can currently access markets outside their own region, many are deterred from doing so because of inter-state tariffs and conflicting regulations.

The country's agriculture sector, which employs about 60 percent of the population but contributes only around 15 percent of India's gross domestic product, is largely dependent on monsoons.

India is now the world's fastest-growing major economy, but two years of ought and a failure to create jobs for a burgeoning young population has left millions of rural residents struggling.
 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today india launches first etrading portal for farmers Arab Today, arab today india launches first etrading portal for farmers

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Media: آخر الأخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday