A network of specialised institutions and schemes supports Indian agriculture, from credit and marketing to irrigation and food security.
Credit and Marketing: NABARD to e-NAM Need to Know
- NABARD (National Bank for Agriculture and Rural Development) provides credit and development support to India’s rural economy.
- Regional Rural Banks (RRBs), established in 1975, give direct loans to marginal farmers and rural borrowers.
- The Kisan Credit Card Scheme gives farmers timely access to credit for agricultural needs.
- NAFED, India’s National Cooperative Marketing Federation, supports agricultural marketing and procurement.
- e-NAM (National Agriculture Market) is an online trading platform connecting agricultural markets across India.
Storage, Grading, and Food Security Support Good to Know
- The Central Warehousing Corporation builds and runs public godowns for storing agricultural produce.
- AGMARK, the quality certification mark for Indian agricultural produce, ensures standardised grading.
- The National Food Security Mission (NFSM) aims to boost production of key food crops through targeted support.
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Why This Layered System Matters Great to Know
- India’s layered agricultural support system, spanning credit, insurance, storage, and marketing, reflects the sector’s continued central importance despite its shrinking GDP share.
- Digital platforms like e-NAM aim to modernise agricultural marketing, reducing farmers’ dependence on local middlemen for fair prices.
- These institutions collectively address different points of vulnerability in a farmer’s journey, from planting through to final sale.
Current Affairs
- On 23 June 2026, Union Home Minister Amit Shah launched NAFED’s e-auction portal, NAFEX.in. He also launched three related initiatives: DRISHTI, ERP, and NAFED Kalyan. (Source: PIB)
- NAFED was near closure in 2014. It now serves over 74 lakh farmers, with turnover up from ₹20,000 crore to ₹30,000 crore, and profit at ₹500 crore. (Source: PIB)
- Shah said NAFED and NCCF aim to buy every grain of pulses directly from farmers, within two years. This would cut out middlemen and pay farmers within 48 hours. (Source: PIB)
- NAFED also announced a scholarship scheme. It will earmark 1% of its profits, for higher education and career support to farmers’ children. (Source: PIB)
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