Question

Q23) Which of the following statements about National Agriculture Market(NAM) is/are correct?

1. National Agriculture Market (NAM) is a Pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.

2. The NAM Portal provides a single window service for all APMC related information and services.

3. Agriculture comes under concurrent list.

Which of the above statements is/are correct?

• A. a) 1 and 2 only
• B. b) 2 and 3 only
• C. c) 1 and 3 only
• D. d) All of the above

Answer 1

The correct option is A

a) 1 and 2 only

Answer 23: A

Explanation: National Agriculture Market (NAM) is a Pan-India electronic trading portal which networks the existing APMC mandis to
create a unified national market for agricultural commodities.
The NAM Portal provides a single window service for all APMC related information and services. This includes commodity arrivals &
prices, buy & sell trade offers, provision to respond to trade offers, among other services. While material flow (agriculture produce)
continue to happen through mandis, an online market reduces transaction costs and information asymmetry.
Agriculture, including agricultural education and research, protection against pests and prevention of plant diseases comes under
STATE LIST.
Agriculture marketing is administered by the States as per their agri-marketing regulations, under which, the State is divided into
several market areas, each of which is administered by a separate Agricultural Produce Marketing Committee (APMC) which imposes
its own marketing regulation (including fees). This fragmentation of markets, even within the State, hinders free flow of agri
commodities from one market area to another and multiple handling of agri-produce and multiple levels of mandi charges ends up
escalating the prices for the consumers without commensurate benefit to the farmer.