It is a pan-India electronic trading portal which networks the existing APMC mandis to create a unified national market for agricultural commodities.
NAM is a virtual market but it is connected to a physical market (mandi) at the back end and promotes genuine price discovery.
Funding – Funded byAgri-Tech Infrastructure Fund (ATIF) which is set up through the Small Farmers Agribusiness Consortium (SFAC).
License – Liberal licensing of traders and commission agents by state authorities and one license for a trader is valid across all markets in the state.
Market Fee – Single point levy on the first wholesale purchase from the farmer.
Implementation – A Central Sector Scheme. Willing states enact suitable provisions in their APMC act for integration with the e-platform.
Soil Testing Laboratories available in the mandis itself.