* The turnover of the e-NAM trade rose by 32% to Rs 74,656 crore in 2022-23
* Seven years since the launch e-NAM, farmers and buyers are using it for trade both within and outside their states
* The platform allows online trading in 203 agricultural, horticultural and other commodities
New Delhi, April 25: The turnover of the e-NAM trade rose by 32% to Rs 74,656 crore in 2022-23 compared to the previous fiscal.
Officials said that after seven years since the launch e-NAM platform, farmers and buyers are increasingly using it for trade both within and outside the states. The turnover on the platform is expected to cross Rs 1 trillion in the current fiscal.
In FY22, the turnover on the e-platform was Rs 56,497 crore while in the previous fiscal, sales worth of Rs 31,366 crore were reported. The annual trade in farm goods, excluding milk and marine products, is seen to be in excess of Rs 5 trillion.
In FY23, 18.6 million tonne of agricultural and allied sector commodities were traded on e-NAM platform, which was 41% more than 13.2 MT traded in the previous fiscal.
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