National Commodity & Derivatives Exchange (NCDEX), the country’s leading commodity derivatives exchange, has introduced a new community engagement initiative ‘Adopt a Mandi’ that will focus on employees of the exchange interacting with the most important stakeholders in the commodity value chain - the farmers, to understand the primary markets’ larger realities.
As a part of this program, every employee of the exchange will spend a week in a mandi, studying the functioning of the market, meeting with traders, farmers, etc.; understanding the needs of the value chain participants’ at large and identifying areas in which the exchange could innovate and offer help to improve the functioning of the markets.
NCDEX offers the widest range of benchmark products across agriculture, metals and precious metals. NCDEX brings buyers and sellers together through its electronic trading platform.