Objective of eNWR & e-NAM Integration
To integrate WDRA accredited warehouses which are further declared by the State Governments as a regulated Agricultural Produce Market Committee (APMC) / Sub Marketing Yards with National Agriculture Market (e-NAM) Platform to perform a transparent online trade of eNWRs via e-NAM Platform.
Main Benefits of this Integration
The depositors/ farmers / FPOs need not visit mandi rather deposit their agri-produce in nearby WDRA accredited warehouse & sell their deposited produce through e-NAM hence reduce transportation cost and can avoid distress sell of their produce in season.
Process Flow of eNWR Trade on e-NAM :
- Warehouses that are registered with WDRA are linked up with two repositories NERL and CCRL for accessing the trade records of Warehouses and the eNWRs generated at warehouses.
- Through NERL & CCRL repositories, warehouses will post the eNWR to e-NAM and e-NAM will create the lots against these eNWRs for performing the trade based on the fixed timings.
- Bidding, Bid declaration and Winner announcement will take place on e-NAM Platform and the same information will be passed to repository application for depositor consent.
- Upon receiving the consent , Sale Agreement and Sale Bill will be generated and will allow e- NAM traders to initiate the online payment through e-NAM Portal.
- After Payment is settled to the stakeholders, Ownership transfer will be initiated at repository end by converting the trader as depositor.