Govt Asks Icici Banking Venture To Enable Cashless Payments On E-Nam

The Indian Government has engage Private Sector Lender ICIC Bank to enable online payments at 470 mandis integrated alongside national portal of electronic National Agriculture Market (e-NAM). As of straight off e-NAM participants are doing payments through traditional ways via banking corporation branches, debit cards as well as cyberspace banking.

ICICI Bank volition enable BHIM (Bharat Interface for Money) as well as Unified Payments Interface (UPI) e-NAM portal for making cashless payments. The endeavor is to render seamless sense for making online payment of merchandise as well as services undertaken on the e-NAM platform.

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About e-NAM
  • The electronic  National Agriculture Market (NAM) is a pan-India electronic trading portal which networks the existing APMC mandis to practice a unified national marketplace for agricultural commodities.
  • e-NAM is envisaged equally a pan-India electronic trading portal which seeks to network the existing APMC as well as other marketplace yards to practice a unified national marketplace for agricultural commodities. NAM is a “virtual” marketplace but it has a physical marketplace (mandi) at the dorsum end.
  • As of today, 470 Mandis(Click hither for Mandi List) across xiv states cause got been intergrated alongside e-NAM namely, Himachal Pradesh (19 Mandis), Haryana (54 Mandis), Rajasthan (25 Mandis), Gujarat (40 Mandis), Maharashtra (45 Mandis), Madhya Pradesh (58 Mandis), Chhattisgarh (14 Mandis), Andhra Pradesh (22 Mandis), Telangana (44 Mandis), Jharkhand (19 Mandis), Odissa(10 Mandis),Tamil Nadu (15 Mandis), Uttarakhand(5 Mandis) as well as Uttar Pradesh (100 Mandis).
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