Question

Which of the following schemes was specifically launched to ensure farmers receive remunerative prices through an electronic platform?

• A. PM-AASHA
• B. e-NAM
• C. PMFBY
• D. Ganga Kalyan Yojana

Answer 1

Answer:

B. e-NAM

• Correct Answer: Option B) e-NAM

• The e-NAM (Electronic National Agriculture Market) scheme was specifically launched by the Government of India to ensure farmers receive remunerative prices through an electronic platform. This scheme creates a unified national market for agricultural commodities by networking existing Agricultural Produce Market Committees (APMCs) through a common online market platform.

• Key features of e-NAM:

• Electronic Trading Platform: It provides an online trading platform where farmers can sell their produce directly to buyers across the country, eliminating geographical barriers.

• Price Discovery: The platform enables transparent price discovery through online bidding, ensuring farmers get better and remunerative prices for their produce.

• Reduced Intermediaries: By connecting farmers directly with buyers, it reduces the role of middlemen, allowing farmers to retain a larger share of the final price.

• Quality Assaying: The scheme includes provisions for quality testing and grading of agricultural produce, which helps in better price realization.

• Market Integration: It integrates multiple mandis (markets) across states, creating a larger market for agricultural commodities.

• The other options are incorrect:

• PM-AASHA focuses on procurement at Minimum Support Price (MSP)

• PMFBY is the crop insurance scheme

• Ganga Kalyan Yojana is related to river conservation and irrigation

• e-NAM specifically addresses the challenge of ensuring remunerative prices through its electronic trading platform, making it the correct answer.