What is/are the advantage/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 market, with prices commensurate with the quality of their produce.

Select the correct answer using the code given below:

[UPSC Civil Services Exam – 2017 Prelims]

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither1 nor 2

Answer: (c)        

Explanation:

• The National Agriculture Market (NAM) is a platform that connects various APMC mandis (Agricultural Produce Market Committees) across India to establish a unified national market for agricultural commodities.
• This electronic trading portal enables farmers to access a nationwide market where they can obtain prices that reflect the quality of their produce, offering them the opportunity to secure better prices.
• The NAM initiative was initiated by the Indian government in 2015.