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Economy2017
What is/are the advantage/advantages of implementing the ‘National Agriculture Market’ scheme?
  1. It is a pan-India electronic trading portal for agricultural
  2. It provides the farmers access to nationwide markets,
with prices commensurate with the quality of their produce. Select the correct answer using the code given below:

Explanation

The "National Agriculture Market" (e-NAM) scheme is designed to enhance the efficiency of agricultural marketing by creating a unified national market for agricultural commodities. As a pan-India electronic trading portal, it facilitates farmers' access to a broader marketplace, enabling them to fetch better prices based on the quality of their produce rather than being confined to local markets. This integration of markets aims to eliminate price discrepancies, empower farmers with better decision-making tools, and ultimately improve their incomes, addressing issues such as fragmentation and exploitation prevalent in traditional agricultural trading systems.

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