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Union Minister Amit Shah Unveils NAFEX.in Digital Portal for Cooperative Agricultural Auctions

Union Home and Cooperation Minister Amit Shah launched NAFEX.in, a dedicated digital auction portal designed for NAFED, during an event at Atal Akshay Urja Bhawan, New Delhi.
The platform intends to modernise agricultural transactions by establishing a transparent, highly efficient, and technology-driven ecosystem within India's cooperative sector.
Key objectives of the portal include streamlining auction-linked operations, promoting fair bidding processes, and boosting overall operational efficiency for farming stakeholders.
This initiative highlights the government's push towards digital public infrastructure (DPI) in the cooperative and agricultural marketing domains, a frequent theme in economic development sections.

Key Facts / Static GK

NAFED Full Form: National Agricultural Cooperative Marketing Federation of India
NAFED Establishment: 2 October 1958
NAFED Headquarters: New Delhi

Practice Quiz — 23 June 2026

Q1. Consider the following statements regarding the law officers of India: 1. The Solicitor General of India is a constitutional post established under Article 76 of the Indian Constitution. 2. Tushar Mehta has been reappointed as the Solicitor General of India for a three-year term starting July 1, 2026. Which of the statements given above is/are correct?

Q2. Which digital auction portal was recently launched by Union Minister Amit Shah to bring transparency and efficiency to agricultural trade within the cooperative sector?

Q3. Which documentary won the prestigious 'Golden Conch' for Best Documentary in the International Competition category at the 19th Mumbai International Film Festival (MIFF 2026)?

Q4. What was the official theme under which India hosted the BRICS National Security Advisers (NSAs) meeting in New Delhi in June 2026?

Q5. Consider the following statements regarding the Core Sector performance of India in May 2026: 1. The overall core sector growth slowed to 0.5%, the second-lowest in 21 months. 2. Electricity recorded the highest positive growth rate among the eight core industries at +8.7%. 3. Coal production saw the steepest contraction among all declining sectors. Which of the statements given above are correct?

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