National Commodity and Derivatives Exchange (NCDEX) has partnered with Arya – India’s leading post-harvest Agritech player to deliver a series of knowledge sessions and skill development training for farmers and farmer producer organisations (FPOs) in Maharashtra.
Profitable market linkages are a critical aspect for better realisation by producers. Through its knowledge services platform, Arya and NCDEX are jointly training 150 farmers from five FPOs of 50 villages in the state for marketing their produce through commodity exchange. Based on feedback and progress is expected to be expanded to further states and FPOs on mutual agreement.
Last year, Arya partnered with United Nations Development Programme (UNDP), CDC-DFID, and various government organisations like Umed-Maharashtra State Rural Livelihoods Mission, Mahila Arthik Vikas Mahamandal (MAVIM) and Uttar Pradesh State Rural Livelihood Mission (UPSRLM) to provide knowledge services and training to 150,000 farmers.
Highlighting the training programme, 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 programmes prepare smallholders and their organisations to embrace technology and innovative solutions which in turn will enable them to improve their incomes.”
Piyush Jain, Manager – FPO team, NCDEX said, “Through its exchange facilitated market linkage offering, NCDEX endeavours to impart greater transparency, efficiency and better price for farmers’ produce. We hope our collaboration with Arya in skill development training farmers on commodity exchange offerings will increase smallholder participation in exchange transactions.”
Arya is an agritech start-up with a focus on integrated post-harvest services. Driving technology through a human-centred approach, Arya’s agritech and fintech platform leverage technology to bridge the last mile. Through its profitable business model with over 5 million tonnes of storage capacity across 5,500 warehouses in 21 Indian states, Arya helps farmers, aggregators, farmer producer organisations, food processors and end-user corporates avoid post-harvest losses.