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The NAFEX.in e-auction portal has been launched by which organisation?
National Agricultural Cooperative Marketing Federation of India (NAFE
Food Corporation of India (FCI)
National Bank for Agriculture and Rural Development (NABAR
Agricultural and Processed Food Products Export Development Authority (APED
National Agricultural Cooperative Marketing Federation of India (NAFE
NAFED has launched the NAFEX.in e-auction portal to enhance efficiency in agricultural trade.
The National Agricultural Cooperative Marketing Federation of India (NAFED) has initiated the NAFEX.in e-auction portal to improve transparency and operational efficiency in the auctioning of oilseeds and pulses. This move signifies a push towards technology-driven reforms in the cooperative sector, ensuring better access to market information for farmers and stakeholders. The launch is part of a broader strategy to modernize agricultural marketing and enhance the income of farmers through improved trade practices.
The NAFEX.in portal was launched by NAFED in 2026.
The platform aims to provide a digital auctioning service for oilseeds and pulses.
NAFED also introduced the NAFED-KALYAN Scholarship Scheme alongside the portal.
NAFED focuses on strengthening the cooperative sector through technology.
A is correct тАФ The NAFEX.in e-auction portal was launched by the National Agricultural Cooperative Marketing Federation of India (NAFED).
Remember that NAFED is key in Indian agricultural marketing, and its initiatives often reflect broader government efforts to empower farmers and enhance trade.
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