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.
Select the correct answer using the code given below:
Correct Answer: Option C
Explanation
1. Statement 1 is correct. The 'National Agriculture Market' (NAM) scheme, implemented as e-NAM, aims to create a unified national market for agricultural commodities by networking existing APMC mandis. It functions as a pan-India electronic trading portal.
2. Statement 2 is correct. A key advantage of implementing the NAM scheme is that it provides farmers better access to markets beyond their local mandis, creating a nationwide market. This enhanced competition and transparency, along with features like quality assaying, helps farmers discover better prices that are commensurate with the quality of their produce.
3. Therefore, both statements describe the advantages/features of the NAM scheme.
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