National Agricultural Cooperative Marketing Federation of India Ltd (NAFED)

  • NAFED is apex organization of marketing cooperatives for agricultural produce in India.
  • Its headquarters is located in New Delhi.
  • It was founded in October 1958 to promote trade of agricultural produce and forest resources across the nation.
  • It functions under Ministry of Agriculture.
  • NAFED is now one of the largest procurement as well as marketing agencies for agricultural products in India.
  • In 2008, it had established, National Spot Exchange, a Commodities exchange as a joint venture of Financial Technologies (India) Ltd. (FTIL).

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