In a major boost to the Rs. 80,000 crore Indian Sugar Industry, the Indian Sugar Exim Corporation Ltd. (ISEC) and NCDEX e Markets Ltd. (NeML) announced the launch of the Indian Sugar eMarket (ISeM) – India’s first e-Marketplace for Sugar and allied products.
Reiterating the Government’s commitment to double farmers’ income by 2022, the Union Budget 2018 has given a big boost to the Indian Agriculture sector.
Announcing a slew of new schemes, as well as enhancing support for existing schemes, to the tune of Rs. 14.34 lakh crores, this is perhaps the first Union Budget after independence that has looked beyond Minimum Support Prices (MSP) to enhance farmers’ incomes.
Seeking better solutions for effectively serving the needy and vulnerable sections of the society, like young children and Smallholder Farmers (SHF), through various food policy initiatives like Mid-day Meal Schemes and Public Distribution System (PDS), Shri Saryu Rai – Hon. Minister for Parliamentary Affairs, Food, Public Distribution & Consumer Affairs, Govt. of Jharkhand paid a visit to NeML’s Head Office in Mumbai.
On 30th Oct this year, NCDEX e Markets Ltd. (NeML) – India’s largest e-markets company, signed a Memorandum of Association (MoU) with the Iranian Mercantile Exchange (IME) – Iran’s leading Commodities Trade Exchange, for jointly developing and managing an e-market platform for a bilateral trade of commodities between India and Iran. Starting with the trade of Bitumen, this new e-market platform will directly connect Bitumen Exporters and Importers across both the countries seamlessly. Continue reading “NeML – IME e-market Platform: A new opportunity for Bitumen Exporters & Importers”
NCDEX e Markets Limited (NeML), India’s leading e-Market Company, has helped sell over 1.71 lac MT of Pulses procured by the Govt. of India in FY 2017 leveraging its e-market platform. Continue reading “NeML e-Markets facilitates Govt.’s Pulses Sale”