NSRICM holds workshop on commodity derivatives

High Income to the Farmer’s Crop through SEBI Initiative- a program on district-wise workshop on commodity derivatives market was recently organised by Netaji Subhash Regional Institute of Cooperative Management (NSRICM-Kalyani) of West Bengal. The event was sponsored by Securities and Exchange Board of India (SEBI)-Mumbai.

The objective of the training program was to make trainees aware of the benefits of the Derivatives Market for Price Discovery as well as better market for their produce such as turmeric and maize.

The Program was organised in Nadia District of West Bengal. The target group included cooperative society members and farmers. Dr. I.A. Khan, Sr. Faculty Member was the Course Director of the program. Dr. I. A. Khan, Course Director of the program, spoke about the objectives of organizing the training and urged the trainee participants to gain knowledge from the training program. A. K. Mahato, Lecturer of the Institute also spoke about the training program and its needs.

The training program began with the key note address delivered by Ashim Kumar Saha, Chairman, Krishnanagar Municipality as Chief Guest, who urged the farmers to take the opportunity and gain utmost knowledge about Turmeric cultivation, marketing strategy for better Price Discovery and its market like, MCX and others. He thanked the SEBI and the Institute for organizing such training programs at Nadia district in general and Krishnanagar in particular.

Addressing the workshop the Guest of Honour, Ram Prasad Dasgupta Board of Director, KRIBHCO, spoke about the cultivation of turmeric and its market.

Forty seven farmers took place in the program. The event concluded with a question and answer session with dignitaries and experts offering their views. The participants thanked the organizers for giving them an opportunity to gain knowledge about various aspects of production and market.