Nafed, National Agricultural Cooperative Marketing Federation Of India Ltd

calender iconUpdated on September 01, 2023
economics
economy

Table of Contentstable of content icon

NAFED – National Agricultural Cooperative Marketing Federation of India Ltd.

The National Agricultural Cooperative Marketing Federation of India Limited (NAFED) is a apex body of 16 State Cooperative Marketing Federations (SCMFs) and 5 Central Cooperative Marketing Federations (CCMFs) in India. Established in 1952, NAFED is a leading organization in the agricultural marketing sector, promoting the growth and development of the agriculture industry.

Key Objectives:

  • Market-led price discovery: NAFED operates a nationwide network of market intelligence centers, providing real-time information on agricultural commodity prices.
  • Price stability: NAFED intervenes in the market to stabilize prices, ensuring fair returns for farmers.
  • Increased marketing opportunities: NAFED provides platforms and services to connect farmers with buyers, enhancing their access to markets.
  • Quality control: NAFED implements quality standards for agricultural products, ensuring the authenticity and purity of goods.
  • Logistics and infrastructure: NAFED provides logistics and infrastructure support to farmers, including transportation and storage facilities.
  • Capacity building: NAFED offers training programs and educational resources to empower farmers and cooperatives.

Major Activities:

  • Market intelligence and price stabilization: NAFED monitors market trends and interventions to stabilize prices.
  • Procurement and sales: NAFED procures agricultural commodities from farmers and sells them to buyers in domestic and international markets.
  • Commodity trading: NAFED engages in trading of agricultural commodities to influence market stability.
  • Grading and quality certification: NARED establishes quality standards and certifies agricultural products.
  • Infrastructure development: NAFED provides logistics and infrastructure services, such as warehousing and transportation.
  • Capacity building: NAFED offers training programs and educational resources to farmers and cooperatives.

Benefits to Farmers:

  • Access to fair prices
  • Improved market access
  • Enhanced quality control
  • Logistics and infrastructure support
  • Capacity building opportunities

Overall, NAFED plays a crucial role in the Indian agricultural sector by connecting farmers with markets, stabilizing prices, and providing a range of services to enhance their productivity and income.

Categories

Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

The SEBI Registration No. allotted to us is INZ000313732.
NSE Member Code: 90326| BSE Member Code: 6808| MCX Member Code: 57120
DP CDSL: 12099800

Compliance Officer : Mr. Randhir Kumar Chaudhari
Tel no: 011- 49022222 / 011-49022277
Email: randhir@pocketful.in

Registered Address/Correspondence Address: C- 3, Ground Floor, Okhla Industrial Area, Phase - 1, New Delhi - 110020

For any complaints, drop us an email atlegal@pocketful.in

Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID.

Smart Online Dispute Resolution|Link To Circular|Procedures and Policies|Broker Investor Charter|DP Investor Charter

Benefits: Effective Communication, Speedy redressal of the grievances.

Benefits: Effective Communication, Speedy redressal of the grievances.

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI and our Terms of Use and Privacy Policy.
The brand name Pocketful and logo is in process of trademarks registration. The cost-effective brokerage plans make Pocketful a trustworthy and reliable online stock broker. Available on both the web and mobile, it offers unmatched convenience to traders. If you are considering opening......

Read More