June 15, 2026 01:51 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
Modi–Macron mega meeting: India–France Pact to double trade, boost AI, defence, space ties!
Sun, Jun 14 2026
India–Sri Lanka Naval bond grows stronger as INS Sharda concludes key Colombo visit
Sun, Jun 14 2026
All 14 Indian crew members rescued after vessel suffers engine failure off Oman coast
Sun, Jun 14 2026
India–France ties get a boost as Modi meets Macron at high-profile ‘Bharat Innovates’ event in Nice
Sun, Jun 14 2026
Woman dies after being attacked by father inside Uttar Pradesh police station over inter-caste marriage
Sun, Jun 14 2026
INDIA bloc unity in trouble? Rahul Gandhi’s ‘won’t hug Pinarayi’ remark triggers row, CPM hits back
Sun, Jun 14 2026