Today’s business environment is full of unpredictable risks and companies across commodity value chains need a proper risk mitigation mechanism. NICR, along with its own team of experts, product specialists from NCDEX, and consultants with industry experience provides market intelligence and advisory services in all facets of trading and risk management. NICR was set up to expand value-added services in the commodity market eco-system aimed at helping governments, economic institutions, and corporates to take informed decisions for a sustainable and inclusive development of agricultural economy and raising farm incomes.
Today’s business environment is full of unpredictable risks and companies across commodity value chains need a proper risk mitigation mechanism. NICR, along with its own team of experts, product specialists from NCDEX, and consultants with industry experience provides market intelligence and advisory services in all facets of trading and risk management. NICR was set up to expand value-added services in the commodity market eco-system aimed at helping governments, economic institutions, and corporates to take informed decisions for a sustainable and inclusive development of agricultural economy and raising farm incomes.
Some of the important assignments of NICR:
- Ground truthing of 3000 farms in Odisha and Jharkhand (2023). The project also included geotagging and field photographs and videos of all the farms, (for United National Development Program, UNDP).
- A comprehensive study of production, storage and marketing of grains in Gujarat (2022) for an international trade association.
- Accessing market based tools for price risk management by FPOs and state agencies in Maharashtra (2022): an in-depth report on feasibility of price risk management using commodity derivatives market by FPOs and state agencies in Maharashtra, (for Deloitte, Maharashtra State govt., World Bank).
- Deepening farmers' engagement in commodity derivatives market through FPOs (2022): evidence-based study of how FPOs can deepen farmers' active participation in commodity derivatives market, (for ICRIER, https://icrier.org/).
- Exploring cooperation in sustainable agriculture and value addition in the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) region (2022): An in-depth report to examine various aspects such as tariff & non-tariff barriers, and challenges in supply chain associated with the trades between BIMSTEC countries for a leading Indian think tank, (RIS https://www.ris.org.in/).
- A way forward of eNWR (Electronic Negotiable Warehouse Receipts) and its adaptation for FPOs in India (2021): a survey based study conducted to understand the current status and challenges of FPOs using eNWRs and the way forward to encourage its adaptation by them, (for GIZ and NABARD).
- EFEs (Eligible Foreign Entities) participation in Indian commodity derivatives market (2021): a compilation of regulatory guidelines towards participation of Eligible Foreign Entities in Indian commodity derivatives market, (for Austrade/India).
- Feasibility study of establishing private mandis (2018): a comprehensive survey based study on feasibility study of establishing a private mandi in one of the district, (for InDev Solutions).
- Role of commodity derivatives in doubling farmers’ income (2017): a comprehensive report on how agri-derivatives market is positively impacting Indian agri-ecosystem on various fronts.
- Impact of demonetization on commodity markets (2017): a survey based empirical study to understand the actual impact of the demonetization of Rs.500 and Rs.1000 currency notes on various stakeholders across the agri supply chain.
- Publications
- Kheti ke Sikandar - Success Stories of Farmer Producer Organizations (2020): a compilation of 24 FPOs’ success stories participating in commodity derivatives market to motivate and encourage FPOs in using derivatives market for their price risk management, (for NABARD).
- A guidebook on Farmer Producer Organisations (FPOs) participation in commodity derivatives, (2019): a comprehensive guidebook providing a holistic approach on how FPOs can participate in Indian commodity derivatives market, (for GiZ and NABARD).
- Commodity Research Reports – in various frequencies.