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DAILY NEWS ANALYSIS

  • 14 April, 2021

  • 6 Min Read

e-SANTA

e-SANTA

  • The term e-SANTA was coined for the web portal, meaning Electronic Solution for Augmenting NaCSA farmers' Trade in Aquaculture.
  • e-SANTA is an electronic marketplace providing a platform to connect aqua farmers and the buyers.
  • It will enable the farmers to get a better price and the exporters to directly purchase quality products from the farmers enhancing traceability, a key factor in international trade.
  • National Centre for Sustainable Aquaculture (NaCSA) is an extension arm of Marine Products Export Development Authority (MPEDA), Govt. of India, Ministry of Commerce & Industry.
  • e-SANTA is a completely paperless and end-to-end electronic trade platform between Farmers and exporters.
  • The farmers have the freedom to list their produce and quote their price while the exporters have the freedom to list their requirements and also to choose the products based on their requirements such as desired size, location, harvest dates etc.
  • This enables the farmers and buyers to have greater control over the trade and enables them to make informed decisions.

Procedure on the e-SANTA portal

  • The platform provides a detailed specifications of each product listing and it is backed by an end-to-end electronic payment system with NaCSA as an Escrow agent.
  • After crop listing and online negotiation, a deal is struck, advance payment is made and an estimated invoice is generated.
  • Once the harvest date is fixed, the buyer goes to the farm gate and the produce is harvested in his presence.
  • Once the harvest is completed, the final count, and quantity of material is verified, the final amount is decided and the delivery challan is issued.
  • Once the material reaches the processing plant, the final invoice is generated and the exporter makes the balance payment.
  • This payment is reflected in the escrow account. NaCSA verifies it and accordingly releases the payment to farmers.

Impact of e-SANTA

  • e-SANTA will RAISE the lives & income of farmers by:
  1. Reducing Risk
  2. Awareness of Products & Markets
  3. Increase in Income
  4. Shielding Against Wrong Practice
  5. Ease of Processes
  • The Minister said that e-SANTA is a Digital Bridge to end the market divide and will act as an alternative marketing tool between farmers & buyers by eliminating middlemen.
  • It will revolutionize traditional aquafarming by providing cashless, contactless and paperless electronic trade platform between farmers and exporters.
  • e-SANTA can become a tool to advertise collectively the kind of products the buyers, fishermen & fish producing organisations are harvesting, so people in India & internationally can know what is available & in the future, it can become an auction platform.
  • Farmers were facing monopoly and exploitation, exporters were facing inconsistency and quality gaps in the products purchased, and traceability is a big issue in international trade.

Source: PIB


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