Govt wants to create separate segment for MSP sales within e-NaM portal

Officials say the practice belies the entire concept of price discovery through open competitive bidding

The Centre is in favour of creating a separate segment within the existing electronic National Agriculture Market (e-NAM) portal to record purchases done under the Minimum Support Price (MSP) mechanism segregated from online bidding.
 

Though in principle, officials said it is opposed to the whole practice given that selling of agriculture produce at pre-determined MSP through the e-NAM portal belies the entire concept of price discovery through open competitive bidding and superficially jacks up the quantum of total transactions. It might, however, be entirely unavoidable as it also ensures transparency in payment to farmers.

The matter came to light after