The central nodal agency for implementing price support operations for commercial crops is:

NAFED

• It was founded on 2nd October 1958 and is headquartered in New Delhi.
• It is the nodal agency for implementing price stabilization measures under 'Operations Green' and an apex organization of marketing cooperatives for agricultural produce in the country.
• Along with FCI and state governments it also physically procures the oilseeds, pulses, and copra under the Price Support Scheme (PSS) of PM-AASHA.
• As a joint venture with Financial Technologies (India) Ltd, it has established National Spot Exchange in 2008 which is a commodities exchange.
• It has four regional offices (Delhi, Mumbai, Chennai, and Kolkata) and 28 zonal offices in the state capitals and other important cities.

Additional Information

FCI

• Food Corporation of India is a statutory organization under the Ministry of Consumer Affairs, Food and Public Distribution and was formed by the enactment of the Food Corporation Act of 1964.
• It had its headquarters earlier in Chennai, then later shifted to New Delhi and its first district office at Thanjavur, the rice-bowl of Tamil Nadu. It has 5 zonal offices at Noida, Kolkata, Mumbai, Guwahati, and Chennai.
• It is the following tasks to perform - it safeguards the interests of the farmers through effective price support operations, under the Public Distribution System (PDS) it ensures the proper distribution of foodgrains, it maintains buffer stocks of foodgrains to ensure National Food Security in India and regulates the market price of foodgrains to ensure consumers get those at reliable rates.

NABARD

• The National Bank for Agriculture and Rural Development was established in 1982 on the recommendations of the B. Sivaraman Committee and is an apex development finance institution fully owned by the Government of India with its headquarters in Mumbai.
• It replaced three institutes - Agricultural Credit Department (ACD) and Rural Planning and Credit Cell of RBI and Agricultural Refinance and Development Corporation (ARDC).
• It is entrusted with the role of agriculture and rural development through providing credit for promoting agriculture, cottage industries, small-scale industries, self-help groups, handicrafts, and other allied activities.

TRIFED

• The Tribal Co-operative Marketing Federation of India was established in 1987 as per the Multi-state Co-operative Societies Act, 1984 under the Ministry of Welfare, but later came under the administrative control of the Ministry of Tribal Affairs.
• From 1999 onwards it has started acquiring the tribal art and crafts item through its retail outlet TRIBES INDIA to empower the tribal community.
• The primary objective of TRIFED is institutionalizing the trade of Minor Forest Products (MFP) so as to provide tribals a pair price of the surplus agricultural products produced by them.
• It has launched various initiatives like - Van Dhan Yojna, Van Dhan Samajik Doori Jagrookta Abhiyaan, and Tech for Tribals Scheme.
• Its headquarters is located in New Delhi.