1. BRINGING EFFICIENCY IN AGRI-COMMODITIES MARKET SAMIR SHAH MD & CEO

2. ……………………………………………………………….. 2 Pragati Ka Solid Exchange CHALLENGES TO PULSES ECONOMY Challenges / Risks Price Volatility Storage Limitation Working Capital Market Access and Remunerative Price to Farmers Raw Material Availability Counterparty Risks

3. SOLUTIONS IN FUTURES ………………………………………………………………..

4. PULSES PRICES FOLLOW CYCLICAL PATTERN Pragati Ka Solid Exchange ……………………………………………………………….. 4

5. CHANA : LEAST VOLATILE AMONGST ALL PULSES Pragati Ka Solid Exchange ……………………………………………………………….. 5

6. Pragati Ka Solid Exchange 6 HEDGING PRICE RISK Source: NCDEX

7. ACCESS TO WORKING CAPITAL ……………………………………………………………….. Pragati Ka Solid Exchange 7

8. SOLUTIONS IN FORWARDS ………………………………………………………………..

9. ACCESS TO NATIONAL MARKETS Around 28000 MT of commodities traded (approx. Rs. 120 crore). Pragati Ka Solid Exchange ……………………………………………………………….. 9 FORWARDS TRADE (QUANTITY IN %)

10. TRANSPARENT BUFFER STOCK MANAGEMENT via EXCHANGE Goal: Involve Private trade in a transparent stock management process Process: Set buffer stock targets and permit licensed stockists to participate with exemption from stock limits. Trader can procure domestically or via imports recording procurement prices and incidental costs. Government can notify agencies for retail sale, announce price and quantity for retail sale. Liquidation through transparent, controlled price auction. Buyer will process and package stock for sale at Government determined MRP. Pragati Ka Solid Exchange ……………………………………………………………….. 10

11. SOLUTIONS THROUGH PRIMARY MARKET DEVELOPMENT ………………………………………………………………..

12. MANDI MODERNIZATION – Roadmap to Modern Mandi ……………………………………………………………….. Pragati Ka Solid Exchange CREATED A WIN-WIN FOR ALL 12

13. ……………………………………………………………….. 13 Pragati Ka Solid Exchange Challenges / Risks C : Price Volatility VA : Hedging Price Risk in Futures, for all Value Chain Participants C : Storage Limitation VA : Increased Number of Warehouses and Capacity over the Years C : Working Capital requirement VA : Comtrack and ePledge – Less Risk – Higher Funding C: Market Access, Remunerative Prices to Farmers VA : UMP, Mandi Modernization, Futures, Forwards C : Raw Material Availability at selected location VA : Forwards C : Counterparty Risks VA : Forwards, Hedging Futures NCDEX : ADDING ECONOMIC VALUE TO ALL C : Challenges to market /market participants VA : Value addition NCDEX has brought to the ecosystem