In his­toric re­form, 8 states to link whole­sale mar­kets

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - HT Cor­re­spon­dent let­[email protected]­dus­tan­

NEW DELHI: In a his­toric re­form, In­dia on Thurs­day took the first steps to bring down a vir­tual fire­wall run­ning through its food mar­kets that pre­vents farm­ers in one state from sell­ing goods in an­other and stokes episodes of high food prices.

Prime Min­is­ter Naren­dra Modi kicked off the e-Na­tional Agri­cul­tural Mar­ket plat­form, an on­line sys­tem that will con­nect 21 food mar­kets in th­ese eight states: Gu­jarat, Te­lan­gana, Jhark­hand, Mad­hya Pradesh, Ra­jasthan, Ut­tar Pradesh, Haryana and Hi­machal Pradesh.

“This e-NAM sys­tem is the first of a kind, which will help not just the pro­ducer dis­cover bet­ter prices, but also the trader and consumer. The farmer will know where to sell, how much to sell and when to sell. When other states will see the rev­o­lu­tion­ary sys­tem, there will be pres­sure from be­low to join in,” Modi said.

The Hin­dus­tan Times had first re­ported the cre­ation of on on­line na­tional mar­ket link­age on De­cem­ber 3.


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