Q. Which of the following statement is NOT correct about National Agriculture Market (E-NAM)?

[A] Itu2019s one of the objective is to promote genuine price discovery, increase farmersu2019 options for sale and access to markets.

[B] It is a Central Sector scheme with funding coming from Agri-Tech Infrastructure Fund (AITF).

[C] e-NAM is a pan-India electronic trading portal which seeks to network the existing APMCs and other market yards to create a unified national market for agricultural commodities.

[D] NABARD has been selected as the lead agency to implement it.

Answer: D
Notes:

Explanation: National Agriculture Market (E-NAM) is a Central Sector scheme with funding coming from Agri-Tech Infrastructure Fund (AITF).

  • e-NAM is a pan-India electronic trading portal which seeks to network the existing APMCs and other market yards to create a unified national market for agricultural commodities.
  • Small Farmers Agribusiness Consortium (SFAC) has been selected as the lead agency to implement it.

Source: FORUMIAS

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