Question : The National Agricultural Cooperative Marketing Federation of India (NAFED) is involved in the marketing of:
Option 1: Agricultural machinery and equipment
Option 2: Fertilizers and pesticides
Option 3: Seeds and planting material
Option 4: Agricultural produce and commodities
Correct Answer: Agricultural produce and commodities
Solution : The correct answer is (d) Agricultural produce and commodities.
NAFED is a cooperative organization established with the objective of promoting agricultural marketing and cooperative processing of agricultural produce. It plays a crucial role in the procurement, marketing, and distribution of various agricultural commodities produced by farmers.
The key activities of NAFED include:
1. Procurement: NAFED procures agricultural produce such as grains, oilseeds, pulses, spices, fruits, and vegetables directly from farmers and cooperative societies.
2. Storage and Warehousing: NAFED provides storage and warehousing facilities for the agricultural produce procured, ensuring proper preservation and quality maintenance.
3. Marketing: NAFED undertakes the marketing of agricultural commodities by selling them in domestic and international markets. It ensures fair prices for farmers and provides market access for their produce.
4. Price Stabilization: NAFED works towards stabilizing the prices of agricultural commodities by undertaking market intervention measures such as buffer stocking and supply management.
5. Export Promotion: NAFED facilitates the export of agricultural commodities by coordinating with exporters, providing quality certification, and ensuring adherence to international standards.
NAFED acts as a platform that connects farmers with markets and aims to protect their interests by providing them with fair prices and market access for their produce. It plays a significant role in the marketing and distribution of agricultural commodities in India.