NCDEX partners with Arya for skill development sessions for FPOs
The National Commodity and Derivatives Exchange (NCDEX) partners with the post-harvest Agritech player Arya to deliver knowledge sessions for farmers and FPOs in Maharashtra.
Profitable market linkages are a critical aspect for better realization by producers. Through its knowledge services platform, Arya and NCDEX are training 150 farmers from five FPOs of 50 villages of Maharashtra for marketing their produce through commodity exchange. Based on feedback, the progress is expected to expand to further states and FPOs on mutual agreement.
In the previous year, Arya partnered with the UNDP, CDC-DFID, and various government organizations like UMED, MAVIM, and UPSRLM to provide knowledge services and training to 150,000 farmers across the country.
Commenting on the session, D Chattanathan, co-founder Arya said, “Arya has been trying to improve the income stream of farmers by enabling access to finance, storage and market linkages nearer to the farm gate. Tech-enabled practices will only help the farmers improve output quality, increase productivity and ensure better returns for their commodities. These capability building and skilling programs prepare smallholders and their organizations to embrace technology and innovative solutions which in turn enable them to improve their incomes.”
Piyush Jain, manager of FPO team, NCDEX, said, “Through its exchange facilitated market linkage offering, NCDEX endeavors to impart greater transparency, efficiency and better price for farmers produce. We hope our collaboration with Arya in training farmers on commodity exchange offerings will increase smallholder participation in exchange transactions.”