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MSTC set to launch forward trading in niche horticulture products

MSTC says Sebi approval not needed in perishable commodity

Photo: Shutterstock
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Photo: Shutterstock

Dilip Kumar Jha Mumbai
The government owned mini-ratna MSTC Ltd is planning to launch forward trading in the horticulture products sector to support its recently launched nationwide electronic portal - eRaKAM.

The online trading platform which primarily deals in food grains, vegetables, fruits, spices and all agriculture related commodities and connected farmers directly with consumers, is all set to launch forward trading in pineapple and mango among a number of other such commodities to make the platform successful. Union Food Minister Ram Vilas Paswan, had last week said that around 2 million tonnes of pulses procured by the Food Corporation of India (FCI), would

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