May 05, 2026 11:44 am (IST)
Follow us:
Launch of National Agriculture Market likely in April
New Delhi, Mar 11 (IBNS) Minister of State for Agriculture & Farmers Welfare, Mohanbhai Kalyanjibhai Kundaria said in the Rajya Sabha on Friday that the Union government has approved a scheme for setting up of National Agriculture Market (NAM) on July 1, 2015, with a budget of Rs. 200 crore, which is to be implemented between 2015-16 and 2017-18.
The minister said that the scheme envisages implementation of NAM by setting up of an appropriate common e-market platform that would be deployed in 585 regulated wholesale markets in States/Union Territories (UTs) desirous of joining the e-platform.
Small Farmers Agribusiness Consortium (SFAC) has been selected as the lead agency to implement the national e-platform.
Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW) will meet the cost on software and its customization for the States.
DAC&FW will also provide grant as one time fixed cost for related equipment / infrastructure subject to the ceiling of Rs.30.00 lakh per Mandi.
State Governments will propose the regulated markets which are to be integrated with NAM, the minister informed the House.
The minister said that as on date, proposals from 12 States/UTs namely Gujarat, Maharashtra, Telangana, Jharkhand, Chhattisgarh, Madhya Pradesh, Rajasthan, UT of Chandigarh, Haryana, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh for integration of 365 mandis with NAM have been given in principle approval and grant has been released to Gujarat, Telangana, Jharkhand and Rajasthan.
Meanwhile, other states such as Karnataka, Uttarakhand, Punjab Odisha, Tamil Nadu, UT of Puducherry, Administration of Andaman & Nicobar Islands, Assam, Manipur, Arunachal Pradesh, Nagaland and Mizoram have also expressed their willingness to join NAM.
The minister said it has been proposed to launch NAM on April 14, 2016, on pilot basis, tentatively in 20 mandis across eight states.
The schedule for implementation of NAM is:
(i) Launch of NAM platform on pilot basis: April 14, 2016.
(ii) Integration of 200 regulated markets by September, 2016.
(iii) Integration of 200 regulated market by March, 2017.
(iv) Integration of 185 regulated markets by March 2018.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Unacceptable: India reacts as Iranian attack rocks UAE's Fujairah
Tue, May 05 2026
'We bow to people’s verdict': MK Stalin concedes defeat as TVK storms to power in Tamil Nadu
Mon, May 04 2026
Three Indians injured as drone strike hits UAE oil zone, Fujairah oil refinery fire triggers regional alarm
Mon, May 04 2026
Suvendu Adhikari Topples Mamata Banerjee in Bhabanipur — Bengal’s Biggest Shocker Yet
Mon, May 04 2026
'Banglay Poriborton': PM Modi hails BJP’s Bengal sweep as ‘new chapter’, urges peace after historic mandate
Mon, May 04 2026
In dhoti-kurta, PM Modi greets jubilant BJP workers after Bengal win
Mon, May 04 2026
Ex-Bengal Sports Minister Aroop Biswas, embroiled in Messi event row, trails in Tollygunge
Mon, May 04 2026