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What is/are the advantage/advantages of implementing the 'National Agriculture Market' (NAM) 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.
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:
[2017]
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What is/are the advantage/advantages of implementing the National Agri...
Both statements are correct as per Government notification.
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What is/are the advantage/advantages of implementing the National Agri...
Advantages of implementing the National Agriculture Market (NAM) scheme:
1. Pan-India electronic trading portal:
- NAM provides a single platform for farmers to sell their produce across the country.
- It eliminates the need for physical marketplaces, reducing transportation costs and middlemen involvement.
2. Access to nationwide market:
- Farmers can access markets beyond their local area, enabling them to get better prices for their produce.
- They can view real-time prices of various commodities in different markets, helping them make informed decisions.
3. Fair prices based on quality:
- Through NAM, farmers can showcase the quality of their produce, which can fetch them higher prices.
- The transparency in pricing helps in reducing exploitation by traders and ensures fair remuneration for the farmers.
4. Promotion of agricultural trade:
- NAM promotes inter-state and intra-state trade of agricultural commodities, leading to increased market integration.
- It facilitates better price discovery and market equilibrium, benefiting both farmers and consumers.
5. Reduction in wastage:
- By providing access to a wider market, NAM helps in reducing post-harvest losses due to lack of storage facilities or inadequate market reach.
- Farmers can sell their produce quickly and efficiently, minimizing wastage and improving their income.
Overall, the implementation of the National Agriculture Market (NAM) scheme brings several advantages for farmers by connecting them to a larger market, ensuring fair prices, promoting trade, and reducing wastage.
1. Pan-India electronic trading portal:
- NAM provides a single platform for farmers to sell their produce across the country.
- It eliminates the need for physical marketplaces, reducing transportation costs and middlemen involvement.
2. Access to nationwide market:
- Farmers can access markets beyond their local area, enabling them to get better prices for their produce.
- They can view real-time prices of various commodities in different markets, helping them make informed decisions.
3. Fair prices based on quality:
- Through NAM, farmers can showcase the quality of their produce, which can fetch them higher prices.
- The transparency in pricing helps in reducing exploitation by traders and ensures fair remuneration for the farmers.
4. Promotion of agricultural trade:
- NAM promotes inter-state and intra-state trade of agricultural commodities, leading to increased market integration.
- It facilitates better price discovery and market equilibrium, benefiting both farmers and consumers.
5. Reduction in wastage:
- By providing access to a wider market, NAM helps in reducing post-harvest losses due to lack of storage facilities or inadequate market reach.
- Farmers can sell their produce quickly and efficiently, minimizing wastage and improving their income.
Overall, the implementation of the National Agriculture Market (NAM) scheme brings several advantages for farmers by connecting them to a larger market, ensuring fair prices, promoting trade, and reducing wastage.
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What is/are the advantage/advantages of implementing the National Agriculture Market (NAM) 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:[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is/are the advantage/advantages of implementing the National Agriculture Market (NAM) 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:[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is/are the advantage/advantages of implementing the National Agriculture Market (NAM) 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:[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
What is/are the advantage/advantages of implementing the National Agriculture Market (NAM) 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:[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is/are the advantage/advantages of implementing the National Agriculture Market (NAM) 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:[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is/are the advantage/advantages of implementing the National Agriculture Market (NAM) 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:[2017]a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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