5.1. National Agriculture Market (NAM)

♤ NAM, announced in Union Budget 2014-15, is a pan-India electronic trading portal, which seeks to connect existing APMCs and other market yards to create a unified national market for agricultural commodities.

♤ NAM is a “virtual” market but it has a physical market (mandi) at the back end.

♤ Financial help to implement NAM is given to states through Agri Tech Infrastructure Fund.

♤ Department of Agriculture and Cooperation is implementing NAM through Small Farmers Agribusiness Consortium which acts as implementing agency.