Paramakudi Regulated Market, the centre for trading farm products, selected by the Central government as e-NAM (National Agriculture Market), a pan-India electronic trading portal for trading agriculture products, has turned out to be a boon for the farmers in the region.
After the launch of e-NAM on November 1 last year, the farmers started visiting Paramakudi Regulated Market to trade their products directly to the traders without the intervention of middlemen and on Wednesday, the centre created a record of sorts with 24 farmers, constituting a Farmers’ Producers Organisation, traded 30.68 quintals of ‘Ramnad mundu’, a native chilli variety, for ₹5 lakh.
The trading took place on the day when Collector S. Natarajan, accompanied by Paramakudi Sub-Collector Vishnuvardhan, visited the regulated market for a surprise inspection. “Trading under e-NAM helped the farmers get not only competitive price for their produce but also instant cash,” the Collector said.
More and more farmers should visit the market to trade their produce under e-NAM as trading was transparent, he said.
Collector’s Personal Assistant (Agriculture) P. Raja, Joint Director of Agriculture P. Indira Gandhi and Agriculture Officer U. Ambathkumar were among those present during the inspection.
Michael, a farmer from Mudukulathur, heading the FPO, said trading under e-NAM was a huge relief for the farmers who were under the clutches of middlemen and ‘taken for a ride’ by the traders when they wanted to sell ‘Ramnad mundu’, which commanded good price in international markets.
Apart from getting competitive prices and instant cash, the farmers did not have to pay commission ranging from 8% to 12%, he said. The farmers would get better prices and benefited more if the regulated market was linked to other such markets in the State and the country, he added.
After trading under e-NAM was launched, the farmers had traded 201.03 quintals of paddy, cotton, chilli and groundnut, valued at ₹17.45 lakh, Sankar S. Narayanan, secretaray, Ramanathapuram Marketing Committee, Virudhunagar, said.
The first quality chilli was sold for ₹191.20 per kg, he said, adding the farmers traded chilli at the average rate of ₹168 per kg. Seven registered traders took part in the trading. “We expect more farmers as the chilli harvest season has begun and the cotton harvest will commence soon,” he added.