NHAI Successfully defends Major Arbitration Case to Safeguard Public Funds (See 'Corp Brief') Companies Act - Coal beneficiation cannot per se be excluded from ambit of manufacturing process to justify quashing of criminal complaint at preliminary stage: HC (See 'Legal Desk') Digital India BHASHINI conducts Multilingual AI Workshop for Haryana Vidhan Sabha (See 'Corp Brief') MISC - RBI, possessing superior expertise in financial administration over cooperative authorities, has independent power to supersede board of a cooperative bank under the Banking Regulation Act - Principles of natural justice do not apply to Section 36AAA of Banking Regulation Act 1949: HC (See 'Legal Desk') Youth Unrest & CJP Agitation: Key Learnings (See CORP EINSICHT) IPR - Patent offices cannot rely on mere hypotheses or hindsight to dismiss technical advancement: HC (See 'Legal Desk') 'Corporate Mitra Scheme' Awareness Webinar Successfully Organized by IICA Shillong (See 'Corp Brief') Rajya Sabha organises Orientation Programme for newly elected Members (See 'Corp Brief') IBC - Service of insolvency petition on corporate debtor's registered email address available in MCA records constitutes valid service, if accompanied by attempts at service at registered office and publication in accordance with NCLT Rules: NCLAT (See 'Legal Desk') Coast Guard rescues 170 Persons in Flood Relief Operations across Daman, Dadra & Nagar Haveli (See 'Corp Brief') IBC - Prior or parallel proceedings under SARFAESI and before DRT do not bar Section 95 insolvency application: NCLT (See 'Legal Desk') Public Advisory: Beware of Fraudulent Air Suvidha 2.0 Websites (See 'Corp Brief') IBC - Liquidation application allowed where corporate debtor is not a going concern, has prima facie nil asset value & where requirements of Section 33 of IBC 2016 are met: NCLT (See 'Legal Desk') Committee discusses consumer-centric framework for parallel distribution licensing (See 'Corp Brief') NHA convenes BRICS Dialogue on strengthening Continuum of Care Through Digital Health (See 'Corp Brief') IPR - Storing copyrighted literary works solely for training LLM constitutes 'Fair Dealing' u/s 52(1)(a) of Copyright Act: HC (See 'Legal Desk') PM Ekta Malls and PMFME Scheme strengthen Market Access for ODOP Products (See 'Corp Brief') AP Postal Circle Emerges as Nation's Best Performer in Q1 (See 'Corp Brief') PM Vishwakarma Scheme rolls out in West Bengal (See 'Corp Brief') NHAI extends 'Clean Toilet Picture Challenge' till 30th June 2027 (See 'Corp Brief') IPR - Statutory timelines for entering national phase and requesting examination under Patents Act are rigid, mandatory, and cannot be extended: HC (See 'Legal Desk') NICDC organises Cross-Learning Site Visit to AURIC Smart City (See 'Corp Brief') IPC and CSIR-CIMAP renew collaboration to advance Medicinal Plant Research (See 'Corp Brief') PMLA - ED can validly attach specific commercial units equivalent to value of diverted crime proceeds regardless of whether entity was named in predicate FIR: SAFEMA (See 'Legal Desk') CCI approves acquisition of 100% equity share capital of NCR Atleos Corporation (See 'Corp Brief') Chouhan to provide relief to Totapuri mango farmers of AP, TN and Karnataka (See 'Corp Brief') IPR - In passing off action, plaintiff must prove not only similar name but actual misrepresentation and strong likelihood of consumer confusion: HC (See 'Legal Desk') 3.75 Lakh Students and Researchers Benefited Under INSPIRE Programme: MoS (See 'Corp Brief') NHAI strengthens Framework for Engaging Professionals in Highway Consultancy (See 'Corp Brief') IPR - Passing off action can be seamlessly expanded into infringement action if they share common factual foundation: HC (See 'Legal Desk') Expanded BRICS represents Opportunity to shape the Future of Global Health (See 'Corp Brief') IBC - Disputes involving 'rights in rem' that affect overarching corporate structure and public interest, cannot be settled in private arbitration: NCLT (See 'Legal Desk')

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