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Agricultural Produce Market Committee: Agricultural Produce Market Committees (APMC) is the marketing boards established by the state governments in order to eliminate the exploitation incidences of the farmers by the intermediaries, where they are forced to sell their produce at extremely low prices. APMC Yard: ✏️Agricultural Produce Market Committee (APMC) Yard / Regulated Market Committees (RMC) Yard is any place in the market area managed by a Market Committee, for the purpose of regulation of marketing of notified agricultural produce and livestock in physical, electronic or other such mode. ✏️The place shall include any structure, enclosure, open space locality, street including warehouse/silos/pack house/cleaning, grading , packaging and processing unit pesent in the Market Committee of the defined market area. Minimum Support Price: "The minimum support price is an agricultural product price set by the Government of India to purchase directly from the farmer. This rate is to safeguard the farmer to a minimum profit for the harvest, if the open market has lesser price than the cost incurred." States (State Agriculture Marketing Boards) interested to integrate their APMCs /mandis with NAM are required to carry out following reforms in their APMC Act. a) Single trading license (Unified) to be valid across the state b) Single point levy of market fee across the state; and c) Provision for e-auction/ e-trading as a mode of price discovery. Benefits from eNAM for an APMC are :- Free Software for System integration/ Automation of recording transactions- ✏️ Complete information on trade ✏️Real time arrival recording ✏️ Analyze price trends, arrival and trading activities ✏️Automated record of financial information ✏️Reduction in man-power requirement

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