Q20. Consider the following statements about NAM scheme:
1. Under the NAM scheme, the Small Farmers’ Agribusiness Consortium will be the lead agency responsible for the development of the national agricultural market under the ministry of agriculture
2. Under the scheme, private markets will not be allowed access to the e-platform thereby enhancing its outreach.
Which of the above statements are correct?
a) 1 only
National Agricultural Market (NAM)
How this scheme would help?
Producers will get better price realisation, while consumers can expect benefit from the lower price spread