National Agricultural Cooperative Marketing Federation of India

National Agricultural Cooperative Marketing Federation of India Ltd
Industry Marketing of agricultural produce
Founded 2 October 1958 (1958-10-02)
Headquarters Ashram Chowk, New Delhi, India
Website www.nafed-india.com

National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is an apex organization of marketing cooperatives for agricultural produce in India, under Ministry of Agriculture, Government of India.[1][2] It was founded in October 1958 to promote the trade of agricultural produce and forest resources across the nation.[3] NAFED is now one of the largest procurement as well as marketing agencies for agricultural products in India. With its headquarters in New Delhi, NAFED has four regional offices at Delhi, Mumbai, Chennai and Kolkata, apart from 28 zonal offices in capitals of states and important cities.

In 2008, it established, National Spot Exchange, a Commodities exchange as a joint venture of Financial Technologies (India) Ltd. (FTIL).

See also

References

  1. ↑ Origin of Nafed. National Agricultural Cooperative Marketing Federation of India Ltd, Official website.
  2. ↑ "Rural Godown Scheme for Creation of Scientific Storage". PIB, Ministry of Agriculture. 20 December 2011.
  3. ↑ Das, Sandip (29 November 2011). "Nafed joins Assam rice procurement". Financial Express. India. Retrieved 8 October 2018.
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