✓ NAM promises more options for selling the produce.
✓ Transparency in trade
✓ Access to better price discovery
✓ Access to more markets
✓ Real time information of prices of nearby markets
✓ Quicker payment
■ For local traders,
✓ NAM will provide access to larger national market for secondary trading.
✓Extends access to other markets
✓ Access to real-time information related to arrivals & Trade
✓Ease of doing business through mobile based apps.
✓Access to online banking and payment system
■For bulk buyers,
✓ processers, exporters, NAM will enable direct participation in the local mandi trade,
reducing intermediation cost.
■ For consumers,
✓ Stable price
✓ Ease of availability of agricultural commodities
✓NAM benefits in terms of reduction in book keeping and reporting system, which are generated automatically;
✓ Better monitoring and regulation of traders and commission agents;
✓Completely transparent system which eliminates any scope of intentional/un-intentional
manipulation of tendering / auctioning process;
✓Improvement in the market fee collection by means of accounting all the transactions
that are taking place in the market; reduction in manpower requirements as tendering /
auctioning process takes place through the system;
✓Analysis and forecasting of the arrivals and prices