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Economy
2017
Agriculture Schemes

What is/are the advantage/advantages of implementing the ‘National Agriculture Market’ scheme?

  1. It is a pan-India electronic trading portal for agricultural commodities.

  2. It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce.

  3. It is a pan-India electronic trading portal for agricultural commodities.

  4. It provides the farmers access to nationwide market, with prices commensurate with the quality of their produce.

Select the correct answer using the code given below :

D.1, 2 and 3
B.2 and 3 only
A.1 only
C.1 and 3 only

Correct Answer: Option D

The National Agriculture Market (e-NAM) scheme aims to create a unified national market for agricultural commodities.

Statement 1 is correct: e-NAM is indeed a pan-India electronic trading portal connecting existing Agricultural Produce Market Committees (APMCs) to create a unified national market.

Statement 2 is correct: It provides farmers with access to a wider national market, enabling them to discover prices that reflect the quality of their produce, thereby increasing their income.

Hence, both statements 1 and 2 are correct.

Sources:

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