- In order to provide an alternative to farmers for marketing
avenues, the electronic National Agriculture Market (e-NAM) was launched in
April, 2016. The scheme envisages initiation of marketing platform at
national level and support creation of infrastructure to enable e-marketing
in 585 regulated markets across the country by March 2018. All the regulated
markets have been linked electronically. This innovative market process is
revolutionizing agri-markets by ensuring better price discovery, bringing in
transparency and competition to enable farmers to get improved remuneration
for their produce moving towards 'One Nation One Market'.
As per Union Budget announcement (2018-19)/ decision
has been taken to develop and upgrade existing rural haats into Gramin
Agricultural Markets (GRAMs). These GRAMs, electronically linked to eNAM
portal and exempted from regulations of Agriculture Produce Marketing
Committees (APMCs), will provide farmers facility to make direct sale to
consumers and bulk purchasers. PMFBY
In April, 2016, the Pradhan Mantri Fasal Bima Yojana (PMFBY)
was launched after rolling back the earlier insurance schemes - National
Agriculture Insurance Scheme (NAIS), Weather-based Crop Insurance scheme and
Modified National Agricultural insurance Scheme.
Under the PMFBY, farmers pay a uniform premium of just
2 per cent for the more rain-dependent kharif crops and 1.5 per cent for all
rabi crops. The remaining share of the premium is borne equally by the
Centre and the respective State Governments.
In the schemes that existed earlier, the premiums paid
by farmers was in the range of 4-8 percent of the insured value. The number
of farmers who received claims due to crop loss under PMFBY has increased
from 1.44 crore in 2016-17 to 1.62 crore in 2017-18.