- It was stablished on 2 October 1958 to facilitate trade of agricultural produce and forest resources.
- Headquarters in New Delhi with regional offices in Delhi, Mumbai, Chennai, and Kolkata.
- the act was registered under the Multi State Co-operative Societies Act.
- Nodal agency for price stabilization measures under “Operation Greens” that aims to double farmers’ income by 2022.
- Engaged in procurement of oilseeds, pulses, and copra under the Price Support Scheme (PSS).