Government Schemes★ Must Know

Amit Shah launches NAFED's e-auction portal NAFEX.in and four farmer-centric initiatives

Monday, 22 June 2026 5 min readSource: PIBArticle 5 of 9

Union Home and Cooperation Minister Amit Shah launched the e-auction portal NAFEX.in of the National Agricultural Cooperative Marketing Federation of India (NAFED) in New Delhi, alongside three other initiatives, to strengthen transparency and efficiency in agricultural commodity trading. The four initiatives are NAFEX.in (a dedicated digital auction portal), DRISHTI (an integrated inventory-management system), Saksham ERP (to streamline NAFED's internal operations) and NAFED KALYAN (a scholarship scheme for the children of farming families). The event was held in the presence of Agriculture Minister Shivraj Singh Chouhan. Shah said that within two years, NAFED and NCCF would procure pulses and oilseeds directly from farmers, with payments credited straight to farmers' bank accounts.

Key Facts & Details

8 points

1
Amit Shah (Home & Cooperation Minister) launched NAFED's e-auction portal NAFEX.in in New Delhi.
2
Four initiatives launched: NAFEX.in (e-auction portal), DRISHTI (inventory management), Saksham ERP and NAFED KALYAN (scholarship for farmers' children).
3
NAFEX.in gives NAFED its own platform for transparent agri-commodity auctions, reducing reliance on private platforms.
4
Shah said NAFED and NCCF will buy pulses and oilseeds directly from farmers within two years, with direct bank payments.
5
Agriculture Minister Shivraj Singh Chouhan was present at the launch.

Deep Dive

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NAFED is the apex cooperative body for marketing agricultural produce, working under the Ministry of Cooperation.
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Direct procurement aims to ensure Minimum Support Price (MSP) benefits actually reach growers and reduce middlemen.
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The push aligns with India's goal of self-sufficiency in pulses and oilseeds.

Exam Focus

Who launched NAFED's e-auction portal NAFEX.in, and what are the other initiatives launched alongside it?

Exam Relevance & Angle

Cooperative-sector and agriculture-scheme launches — the portal name, the launching minister and the agency — are frequent GA hooks for banking, SSC, NABARD and UPSC.

Target Exams

SBI POIBPS PONABARD Grade ASSC CGLSSC CHSLRRB NTPCUPSC CSEState PCS

Background & Context

The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), set up in 1958, is the apex cooperative organisation for the marketing of agricultural produce in India and functions under the Ministry of Cooperation (headed by Amit Shah). NAFED is a key agency for procuring pulses and oilseeds under the government's price-support and buffer-stock operations. NCCF (National Cooperative Consumers' Federation) plays a similar consumer-distribution role. A dedicated e-auction portal lets NAFED conduct transparent online sales of commodities it holds, instead of depending on third-party platforms.