TRAI releases Consultation Paper on 'Proliferation of Public Wi-Fi Networks in India' (See 'Corp Brief') DoP and DTDC sign MoU to strengthen Logistics and E-Commerce in India (See 'Corp Brief') Trade Mark - Defendants' conduct of running a coordinated fraudulent recruitment scheme, impersonating the plaintiffs & extracting money from each candidate, is deliberate exploitation of plaintiffs' goodwill & causes reputational harm: HC (See 'Legal Desk') PDUNASS-Gujarat NLU launch Programme on Labour Law and Social Security Compliance (See 'Corp Brief') Shivraj to launch PMGSY-IV Batch-II in Srinagar (See 'Corp Brief') India emphasises Inclusive and Ecosystem Based Governance of Small Scale Fisheries (See 'Corp Brief') SAFEMA - Certain transaction falls within ambit of benami transaction where appellants failed to produce supporting material, despite opportunity, to establish legitimate source of funds either in hands of lender or alleged contributors: SAFEMA TRIBUNAL (See 'Legal Desk') Diaspora vital connectors between India and global innovation ecosystems: MoS (See 'Corp Brief') Srinagar Khel Sankalp affirms unified commitment to athlete-centric sports ecosystem (See 'Corp Brief') IBC - If corporate debtor is solvent & functioning company, then insolvency process invoked only to secure payment of individual dues by initiation of CIRP, amounts to misuse of IBC as recovery mechanism: SC (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT) SAMAVESH Portal, NMBA 2.0, SETU and SMILE Beggary Apps Launched at Chandigarh Shivir (See 'Corp Brief') PMLA - Attachment of a residential property upheld where Act itself permits attachment not only of property directly acquired from proceeds of crime, but also of untainted property representing equivalent value where actual proceeds of crime are unavailable or untraceable: HC (See 'Legal Desk') Veep urges Youth to become Job Creators and Nation-Builders (See 'Corp Brief') CCIC launches 'Soul Threads' - A Heritage Designer Collection Celebrating Artisanal Legacy (See 'Corp Brief') IBC - If statutory authority, during subsistence of moratorium u/s 14, directs bank to place lien on bank accounts of Corporate Debtor, and bank acts on same, it would amount to execution against Corporate Debtor and is barred by Sec 14: NCLT (See 'Legal Desk')

Print

Number of commodities on e-NAM platform reaches 231

Published: Feb 07, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 07, 2025: IN response to the continuous demand from farmers, traders and other stakeholders for inclusion of more agricultural commodities, the Department of Agriculture and Farmers' Welfare, Government of India has decided to further expand the scope of trade under e-NAM. This initiative aims to increase the coverage of agricultural commodities and offer more opportunities for farmers and traders to benefit from the digital trading platform, Directorate of Marketing and Inspection (DMI) has formulated tradable parameters for 10 additional agricultural commodities. These new commodities parameters are a result of extensive consultation with key stakeholders, including state agencies, traders, subject matter specialists and SFAC and with approval from the Union Minister of Agriculture and Farmers' Welfare Shivraj Singh Chouhan.

DMI has been entrusted with the formulation of tradable parameters for agricultural commodities to be traded on the e-NAM (National Agricultural Market) platform. These tradable parameters are designed to help farmers secure better prices for their produce by ensuring the quality and commerciality of agricultural products. This initiative enhances transparency, facilitates fair trading practices, and contributes to the overall growth of the agricultural sector.

DMI has formulated tradable parameters for 221 agricultural commodities, which are available on the e-NAM platform and following 10 additional commodities will make the list to 231 commodities.

Miscellaneous Commodities:

1. Dried Tulsi Leaves

2. Besan (Chickpea Flour)

3. Wheat Flour

4. Chana Sattu (Roasted Chickpea Flour)

5. Water Chestnut Flour

Spices:

6. Asafoetida

7. Dried Fenugreek Leaves

Vegetables:

8. Water Chestnut

9. Baby Corn

Fruits:

10. Dragon Fruit

Commodities at Serial number 4 to 7 above fall in category of secondary trade, and this can help FPOs to market value added products as well as formalize the trade in the sector.

These newly approved tradable parameters will be available on the e-NAM portal (enam.gov.in), further strengthening the platform's capacity to facilitate the digital trading of agricultural commodities. This move will provide farmers with improved market access, better pricing, and an enhanced quality assurance, thus supporting their economic well-being. The formulation of these additional tradable parameters aligns with the Government's ongoing efforts to modernize the agricultural sector, ensuring greater inclusivity, efficiency, and market transparency.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.