Barely two weeks after the introduction of the e-National Agriculture Market (e-NAM) online trading platform at the cotton market yard here, the Khammam Agriculture Market Committee (AMC) is facing fresh hurdles in smooth implementation of the Central government initiative.
The alleged refusal by a section of the traders to participate in the e-trading of the cotton at the market yard on Wednesday brought the transactions at the yard to a halt, forcing the AMC to announce a holiday for the market on Thursday.
The abrupt halt to the e-trading led to severe inconvenience to the cotton growers, who had brought their produce from different corners of the district to the cotton market yard here on Wednesday.
The authorities made arrangements to lift around 700 bags of cotton stocked at the market yard on Thursday.
Stakeholders’ meeting
In an effort to overcome the impasse and resume the trading on e-NAM platform, Joint Collector Vinay Krishna Reddy held a meeting with the AMC office-bearers, the representatives of the Chamber of Commerce, farmers’ associations and other stakeholders at the market yard on Thursday. KAMC chairman G Krishna and selection grade secretary P Prasad Rao were among those who participated in the meeting.
The Joint Collector sought the cooperation of all the stakeholders to ensure effective implementation of the Central government’s initiative e-NAM, the transparent mechanism for price discovery, to help farmers secure fair price for their agriculture produce.
He made it clear that the e-NAM will be implemented by enlisting the support of all stakeholders in the cotton market yard.
e-NAM to stay
Some of the traders expressed their concern over the reported fall in the arrival of cotton to the Khammam market yard ever since the e-NAM was introduced two weeks ago.
A few other traders wanted the authorities to postpone the implementation of the e-NAM till other market yards in Telangana switched over to the platform.
However, the officials insisted that the e-NAM will be implemented in the cotton market yard without any interruption from Saturday.
