National Spot Exchange Limited India

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National Spot Exchange Limited

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National Spot Exchange for Agricultural Produce is a joint venture of Financial Technologies (India) Ltd. (FTIL), Multi-Commodity Exchange of India Ltd. (MCX) and National Agricultural Cooperative Marketing Federation (NAFED). State Bank of India (SBI) is a Strategic Partner." This latest initiative is meant to empower rural India and usher in “the next green revolution” by harnessing technology to improve agricultural operations. The crux of the initiative lies in facilitating the producer and the consumer by setting up an electronic platform for commodity trading. NSEAP will provide the required infrastructure for electronic trading in the commodities market. Services Offered by NSEAP National Level Price Discovery in Agricultural Spot Prices Procurement, Marketing and Financial Support Quality Certification Provide the Latest Information about Weather, Crop Management Practices, Plant Protection Aspects etc. through customized “Commodity Soochana Kendras” Market Intelligence Reports Collateral financing in Agriculture and Microfinance

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