AgNext Technologies, one of India’s leading agritech companies, has been officially integrated with the government of India’s empanelment programme. The government recently announced the integration of agritech services provided by AgNext with its electronic National Agriculture Market (eNAM) Platform. This move will enable farmers to use the online platform for selling their produce directly to buyers of their choice.
This platform will enable more than 17.6 million farmers, farmer producer organisations (FPOs), traders, commission agents and other stakeholders registered with the eNAM platform to directly avail these advanced tech services provided by private enterprises like AgNext.
The Platform of Platforms (PoP) under eNAM aims to promote trade and marketing of agricultural produce wherein farmers will be facilitated to sell the produce outside their state borders. This will increase farmers’ digital access to multiple markets, buyers and service providers and bring transparency in business transactions by improving the price search mechanism and quality commensurate price realisation.
Briefing about the collaboration, Taranjeet Singh Bhamra, CEO and Founder, AgNext Technologies said,” AgNext’s integration with eNAM PoP will enable farmers and traders to conduct rapid digital quality assaying of food commodities right at the mandi and warehouse points. They can now assess both physical and chemical parameters of food using computer vision, NIR Spectroscopy technology and get real-time quality reports.”
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“With 100 per cent visibility of procured quality, stakeholders can now ensure transparent, fair and quality-assured trade right from the farm-gate. This will not just help improve trade efficiency with standardised, untampered and digital data records but also builds buyer-seller trust at different intersection points. Our integration with e-NAM will make us another step closer to building a faster, safer and fairer agri-ecosystem and ensuring quality food for billions,” Bhamra added.
Agriculture minister Narendra Singh Tomar formally launched the e-NAM platform-of-platforms in a bid to enhance online trade and ensure better price discovery by the platform. According to an official with Small Farmers’ Agri-Business Consortium (SFAC), which operates the eNAM, the aim behind this integration of platforms by private players under e-NAM is to make available end-to-end services to farmers along with providing a platform for price discovery.
Currently, 1,000 mandis in 22 states and union territories have been integrated into the e-NAM platform, which was launched in April 2016. At present, 17.3 million farmers, 2,100 FPOs, traders and around 0.1 million commission agents are registered with e-NAM.
