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₹222.23 crore trade transacted in the last four years under e-NAM system in Tiruppur
₹222.23 crore trade transacted in the last four years under e-NAM system in Tiruppur

The Hindu

time22-05-2025

  • Business
  • The Hindu

₹222.23 crore trade transacted in the last four years under e-NAM system in Tiruppur

Transactions to the extent of ₹222.23 crore have been made over the last four years through select regulated markets in Tiruppur district under the ambit of the National Agricultural Market Scheme (e-NAM), according to officials of the Department of Agricultural Marketing and Agri Business. A total of 3,6837.21 tonnes have been sold, benefitting 32,504 farmers and 2,985 traders. Of the 157 regulated markets in Tamil Nadu under the e-NAM scheme, nine are in Tiruppur - Tiruppur town, Udumalpet, Pethappampatti, Vellakovil, Mulanur, Madathukulam, Kangayam, Pongalur and Sevur. Traders from other districts and other regulated markets also participate in the electronic auction, drawn by the assurance of accurate quality standards and higher price for produce. The amount is being credited directly to the farmers' bank accounts. In the past four years, nearly 183 tonnes of agricultural products, valued at ₹9.66 crore, were traded through the E-NAM platform under the farm gate trade. This transaction benefited 633 farmers and 311 traders. Additionally, inter-mandi transactions accounted for 377.59 tonnes of commodities worth ₹29.06 crore. The department, it is learnt, is reaching out to farmers with information about the expansion of the e-NAM Platform, following the addition of 10 new commodities by the Union Ministry of Agriculture and Farmers welfare during February, 2025. The Directorate of Marketing and Inspection (DMI) had formulated tradable parameters for the 10 new commodities, after extensive consultation with key stakeholders, to enable the farmers to secure better prices for their produce by ensuring the quality and commerciality of agricultural products. The addition has increased the number of agricultural commodities to 231.

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