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| Advantages of NAFED Participation | |
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NMCEIL using NAFED’s widespread co-operative marketing network could help develop a program to contact traders and farmers on a large scale . |
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Being engaged in marketing of commodities, NAFED could act as a research partner to study price-volume data and trends in demand and supply of commodities. |
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NAFED will also act as a credible agency for farmers and all stakeholders to provide their expert services of procurement and distribution of commodities. |
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India’s 40% of agricultural activities are cooperative based and therefore NAFED as a credible Apex body can draw the potential of culture and heritage into the main stream of free marketing. |
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NAFED’s affiliation with the grass root, i.e. grower and traders may disseminate awareness among them about the concept of price discovery and price risk and thus catalyze linkage of physical market with futures. |