The NAFED eAuction Portal is a digital platform developed by NAFED to facilitate transparent and efficient electronic auctions for agricultural commodities. About NAFED National Agricultural Cooperative Marketing Federation of India Ltd.(NAFED) was established on the auspicious day of Gandhi Jayanti on 2nd October 1958. NAFED is registered under the Multi State Co-operative Societies Act. It was setup with the objective to promote Co-operative marketing of agricultural produce to benefit the farmers. Agricultural farmers are the main members of NAFED, who have the authority to say in the form of members of the General Body in the working of NAFED. Overview of the platform The NAFED eAuction Portal is designed to cater to a wide range of users including farmers, Farmer Producer Organizations (FPOs), traders, cooperatives, and institutional buyers. It facilitates real-time bidding, secure transactions, and end-to-end auction management, ensuring that agricultural trade is conducted in a fair and competitive environment. Key Features of the Portal Live and Scheduled Auctions: Users can view and participate in ongoing auctions or plan ahead using the auction calendar. Bidder Registration and Verification: A secure registration process with PAN and GST verification ensures authenticity and compliance. Commodity Listings: Detailed information on commodities available for auction, including quality specifications and lot sizes. Real-Time Bidding Interface: A user-friendly dashboard for placing bids, tracking auction status, and receiving notifications. Automated Reports and Analytics: Post-auction summaries, bidder participation reports, and commodity-wise analytics for transparency and decision-making. Secure Transactions: Integration with payment gateways and digital verification systems to ensure safe and reliable financial operations. Benefits to Stakeholders For Buyers and Traders: Transparent bidding process, access to verified suppliers, and streamlined procurement. For NAFED: Efficient auction management, improved compliance, and enhanced visibility of operations. Who can participate in the auctions? Registered bidders including traders, retailers, IT suppliers etc. can participate in the auctions. How to access the portal and register Visit https://nafex.in/#/ portal. To register for auction, click here. Related resources User Manual for NAFEX portal Video Help Manual for NAFEX portal