NAFED to share 1% profit for education of farmers’ children: Amit Shah

Among the four new initiatives are Nafex.in, an agri e-auction platform; Drishti, an inventory management system; the NAFED’s Enterprise Resource Planning (ERP) Solution; NAFED Kalyan, a scholarship for farmers’ children.

Amit Shah cooperative announcementAmit Shah said Bharat Taxi would be available in every state in the next two years. (File Photo)
1 min readNew DelhiJun 24, 2026 04:20 AM IST First published on: Jun 24, 2026 at 04:20 AM IST

Union Home Minister Amit Shah Tuesday launched four new initiatives of National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), and announced that it will earmark 1% of its profits for higher education scholarships and career development of children from farmer families.

Among the four new initiatives are Nafex.in, an agri e-auction platform; Drishti, an inventory management system; the NAFED’s Enterprise Resource Planning (ERP) Solution; NAFED Kalyan, a scholarship for farmers’ children.

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Shah said output of pulses and oilseeds had risen in recent years, but self-sufficiency remained elusive as minimum support prices were not reaching growers. “There is a need to get rid of middlemen. Time has come for both NAFED and NCCF to procure pulses and oilseeds directly from farmers to ensure benefits reach them.”

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