APMC's
APMC means the Agricultural Produce & Livestock Market Committee established under the provisions of APLM Act.
Agricultural Produce Market Committee (APMC) Yard / Regulated Market Committees (RMC) Yard is any place in the market area managed by a Market Committee, for the purpose of regulation of marketing of notified agricultural produce and livestock in physical, electronic or other such mode. -The place shall include any structure, enclosure, open space locality, street including warehouse/silos/pack house/cleaning, grading , packaging and processing unit pesent in the Market Committee of the defined market area.
Currently there are 1410 markets that are linked to the e-NAM network from 23 states and 4 UT's.
States (State Agriculture Marketing Boards) interested to integrate their APMCs /mandis with NAM are required to carry out following reforms in their APMC Act.
a) Single trading license (Unified) to be valid across the state
b) Single point levy of market fee across the state; and
c) Provision for e-auction/ e-trading as a mode of price discovery
Benefits from e-NAM for an APMC are :
-Free Software for System integration/ Automation of recording transactions
- Complete information on trade
- Real time arrival recording
- Analyze price trends, arrival and trading activities
- Automated record of financial information
- Reduction in man-power requirement