Search Result

Total Matching Records found : 21

Linking farmers to futures market in India -Tirtha Chatterjee, Raghav Raghunathan and Ashok Gulati

his process of creating FPOs for the last few years (already has more than 3000 FPOs) and the major responsibility of scaling them with 10,000 new ones, is likely to fall on NABARD. Interestingly, NCDEX has also been trying to deepen FPOs participation in markets for the last few years. However, as our analysis shows that between April 2016 and May 2018 only a tiny fraction (0.004 percent) of overall agri-futures trade at More »

If it's a farm budget from Arun Jaitley, then it needs to be a smart one

use the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in some places the problem of falling prices because of higher production. Farmers are not getting the price for their produce." There is indication that Budget 2018 can be full of farm freebies, not jus

More »

Despite drought, Karnataka farmers earned 38% more than last year -ManuAiyappa Kanathanda

o double in 2016-17 with many more markets coming under UMP, said a senior agriculture marketing official. UMP, an initiative of the Rashtriya e-Market Services Ltd (ReMS), is a joint venture between NCDEX e-Markets Limited and the Karnataka government. It was set up in 2013-14 as part of the market reforms initiative and, encouraged by its success, the Narendra Modi government rolled out the electronic-National Agricultural Markets (eNAM) last year.

More »

Farmers are using futures contracts to counter price risks -Sayantan Bera

-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer

More »

Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan

h as soybean and chana (chickpea) grown by its 3,000-plus tribal and women farmer-members. The then regulator, the Forward Markets Commission, allowed the National Commodity and Derivatives Exchange (NCDEX) to list producer companies (PC) as players on their futures trading platform. In 2014, ahead of the sowing season, Ram Rahim PC locked in a futures price of Rs 4,500 per quintal for soybean at the NCDEX More »

Towards less-cash agriculture: Well before demonetisation, low credit-driven model came up in Dewas -Vivian Fernandes

e of them with 162 groups has formed the RamRahim Pragati Producer Company, which aggregates soybean and maize and sells them directly in local mandis. The company also takes futures positions on the NCDEX commodity exchange. In some years, it has made profits, and lost in others. The emphasis now is to get farmer-members to produce marketable quality that can be sold in standardised lots. Trigram is a director of the company. The SPS model is quit

More »

e-NAM - a long way to go -Rajalakshmi Nirmal

age Farmers in Telangana staged a protest last Monday, demanding discontinuation of the electronic-national agriculture market (e-NAM) platform and restoration of the previous platform provided by NCDEX e-Markets. It followed the failure of the software to accommodate the heavy volumes of the peak season arrivals, beginning with maize and soyabean. The Agriculture Produce Marketing Committee (APMC) in Nizamabad, which was using the e-platform

More »

Govt cracks the whip on price rise -Sanjeeb Mukherjee

-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barre

More »

Inflation is down? Really? -Rajalakshmi Nirmal

y, now. The price of chana (chick pea) has also skyrocketed. The Consumer Affairs Ministry doesn’t have data for retail prices of chana but spot prices in the wholesale market as reported by NCDEX, the exchange for agricultural products, show that prices are up over 50 per cent in the last year. Other protein supplements, such as fish and eggs, also show a similar trend. Data from the National Egg Coordination Committee shows that prices h

More »

In the name of the farmer -Sukhpal Singh

buyers across India through an e-platform. This initiative draws on the experiment in Karnataka, where the Rashtriya e-Market Services (ReMS)—a joint venture of the state government and the NCDEX spot exchange—has created an online trading platform for 55 APMC markets and 354 sub-markets wherein traders/buyers with a single statewide APMC licence can buy farm produce; and farmers, commission agents and other stakeholders in the transac

More »

Video Archives

Archives