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Business Standard
09-07-2025
- Business
- Business Standard
Centre adds 7 new farm products to e-NAM platform for better pricing
Union Agriculture Minister Shivraj Singh Chouhan on Wednesday announced the inclusion of an additional seven products, including Banarasi paan, on the e-NAM platform in a bid to provide more opportunities and better prices to farmers. The seven commodities include sugarcane, Marcha rice, Katarni rice, Jardalu mango, Shahi litchi, Magahi paan and Banarasi paan. With this, the total number of products on the e-NAM platform has now increased to 238. "This move will assure farmers better market access, better pricing and improved quality, thereby boosting their economic well-being," according to an official statement. The Directorate of Marketing and Inspection (DMI) under the agriculture ministry has prepared tradable parameters for seven additional agri-products, which are available on the e-NAM portal ( Creation of tradable parameters provides a category or range for each product and helps farmers get remunerative prices based on the quality of the produce. The new products were approved after extensive consultations with key stakeholders, including state agencies, traders, subject-matter experts and Small Farmers' Agri-Business Consortium (SFAC). Further, based on the requests and feedback received from various stakeholders, tradable parameters of four existing products have been revised, namely, water chestnut flour, baby corn and dragon fruit. Launched in 2016, eNAM is a government initiative to digitise and unify agricultural commodity trading in India, enhancing market efficiency and farmer income through technology-enabled transparent trading. The platform supports online bidding, real-time price discovery, quality-based transparent auctions, and immediate payment settlements.
Time of India
09-07-2025
- Business
- Time of India
Centre adds 7 new products on eNAM platform
Union Agriculture Minister Shivraj Singh Chouhan on Wednesday announced the inclusion of an additional seven products, including Banarasi paan , on the e-NAM platform in a bid to provide more opportunities and better prices to farmers. The seven commodities include sugarcane, Marcha rice, Katarni rice, Jardalu mango, Shahi litchi, Magahi paan and Banarasi paan. With this, the total number of products on the e-NAM platform has now increased to 238. "This move will assure farmers better market access, better pricing and improved quality, thereby boosting their economic well-being," according to an official statement. The Directorate of Marketing and Inspection (DMI) under the agriculture ministry has prepared tradable parameters for seven additional agri-products, which are available on the e-NAM portal ( Live Events Creation of tradable parameters provides a category or range for each product and helps farmers get remunerative prices based on the quality of the produce. The new products were approved after extensive consultations with key stakeholders, including state agencies, traders, subject-matter experts and Small Farmers' Agri-Business Consortium (SFAC). Further, based on the requests and feedback received from various stakeholders, tradable parameters of four existing products have been revised, namely, water chestnut flour, baby corn and dragon fruit. Launched in 2016, eNAM is a government initiative to digitise and unify agricultural commodity trading in India, enhancing market efficiency and farmer income through technology-enabled transparent trading. The platform supports online bidding, real-time price discovery, quality-based transparent auctions, and immediate payment settlements.
Time of India
30-06-2025
- Climate
- Time of India
Punjab, Haryana, Himachal Record 28 To 37% Excess Rainfall In June, With Above-Normal Rainfall Predicted In July
Bathinda: After a wetter-than-usual June, India is likely to see above-normal rainfall in July, with the national average expected to exceed 106% of the long period average (LPA), the India Meteorological Department (IMD) has forecast. The LPA for July, based on data from 1971-2020, stands at 280.4 mm. The IMD said most regions will experience normal to above-normal rainfall in July, though parts of Northwest India are expected to see a shortfall. In June, the first month of the June-to-Sept southwest monsoon season, the country recorded 180 mm of rainfall — 8.9% above the monthly average of 165.3 mm. Northwest India saw the highest deviation, receiving 42.2% more rainfall than normal (111 mm versus 78.1 mm). Punjab reported 28% excess rainfall, Haryana 30%, and Himachal Pradesh 37%. This wet trend follows an unusually rainy May as well. Punjab logged 102% more rainfall than average, while Haryana saw a dramatic 197% surplus. Himachal Pradesh recorded a modest 2% excess. June also witnessed the highest number of very heavy rainfall events in five years, with 432 weather stations reporting extreme downpours, surpassing 2023's tally of 429 similar events. Meteorologists attribute the surge in rainfall to several atmospheric and oceanic conditions. Both the El Niño-Southern Oscillation (ENSO) and the Indian Ocean Dipole (DMI) remained neutral, while five low-pressure systems formed over the region during the month — higher significantly than the June average of 2.8 days, based on data from 1901 to 2018. These systems enhanced rainfall over Central India and along the west coast. The monsoon trough also remained south of its normal position for much of the second half of June, concentrating rainfall over central, adjoining northwestern, and peninsular regions, while suppressing activity in the northeast. Looking ahead, the IMD said July's average maximum temperatures are expected to stay normal to below normal across most of India, except parts of the northwest where they may be higher. Minimum temperatures are also likely to remain within or below the average range, though some areas in the northwest may experience warmer nights. MSID:: 122163422 413 |
Business Upturn
30-06-2025
- Business
- Business Upturn
Cybersecurity Becomes Top Priority for Small Businesses
As India's digital economy expands, a new report released on World MSME Day indicates that Micro, Small and Medium Enterprises (MSMEs) are increasingly prioritizing cybersecurity and cloud investments to enhance operational efficiency. The 'Ready for Next MSME Growth Insights Study 2025', published by Vi Business, highlights a steady uptick in the country's Digital Maturity Index (DMI) — rising from 56.6 in 2023 to 58.0 in 2025. The study shows that 76% of MSMEs plan to ramp up investment in cybersecurity, while over 72% intend to boost cloud spending. However, the report also underscores that only 12% of MSMEs have achieved full digital maturity, indicating that despite high awareness, the adoption of digital tools remains uneven. South Indian states lead in digital transformation, with Telangana topping the DMI chart at 71.2, followed by Kerala (63.7) and Maharashtra (59.2). Sector-wise, Financial Services has the highest digital maturity, followed by Transportation and Retail. Participation in Vi Business's 'Ready for Next' digital maturity assessment platform has grown significantly, with over 2 lakh MSMEs across 15,000 pin codes engaging in the program over the last three years. The platform has been certified by Cyber Media Research as the country's largest digital advisory initiative for MSMEs. The study highlights a shift from 'digital curiosity to digital commitment,' said Arvind Nevatia, Chief Enterprise Business Officer at Vodafone Idea Ltd. He noted that MSMEs are now seeing technology as a 'growth enabler' rather than a cost or utility. Interestingly, women entrepreneurs are narrowing the digital gap, showing strong participation in cloud and security adoption in sectors like IT and education. Meanwhile, entrepreneurs aged 40–60 reported the highest digital maturity (DMI: 64.0), debunking the perception that digital leadership is confined to younger founders. Despite these positive trends, the study identifies financial capacity as a key barrier to deeper digital adoption. Larger MSMEs, particularly those with turnovers above ₹50 crore, report significantly greater maturity than smaller or newer businesses, many of whom continue to adopt digital tools in a phased manner. The findings reflect both optimism and ongoing challenges in India's path toward digitalizing its MSME backbone. While intent is clearly rising, a combination of financial support and digital advisory will be crucial to translating this momentum into widespread transformation. Ahmedabad Plane Crash
Time of India
27-06-2025
- Business
- Time of India
ET Graphics: MSMEs ready for digital future
India's Digital Maturity Index (DM I ) has steadily risen to 58.0, with 76% of MSMEs planning increased investment in cybersecurity and 72% in cloud technologies , a study of over 200,000 MSMEs by Vodafone Idea 's business vertical has showed. While digital maturity is improving, only 12% of MSMEs are fully digitalised, reflecting ongoing gaps in execution, especially among smaller businesses facing financial and advisory constraints, it said. Here are some key statistics. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Hae lainaa tänään – Netissä Resurs Bankista Resurs Bank Lue lisää Undo
