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TERI, in partnership with MCX India, has
come up with a unique initiative in the form of K4RD portal
that aims to create a knowledge repository
in an effort to provide rural entrepreneurs and villagers
with access to information and services that will help them
in enhancing their livelihood. This portal contains information
related to energy, agriculture, water management, health and
sanitation, and certain agricultural commodities.
For the rural communities, K4RD will act as a window to knowledge
and services, which will uplift their lives systemically.
It will also serve as a means for partners and service providers
to reach out to the rural audience. In the future, K4RD will
provide access to information and services like microfinance,
rural e-commerce, and various health awareness programmes.
The initiative cannot fulfil its mandate unless it reaches
the wider rural audience. Therefore, efforts are under way
to make it multilingual and open TERI knowledge centres at
various locations in rural India to make K4RD portal easily
accessible to the resident communities.
 TERI’s
rural ICT (information and communications technology) initiative
is a natural extension of its work spanning over 25 years
in the fields of energy, environment, and sustainable development.
It is envisioned as an integrated initiative that will build
and nurture capacities among village communities, and enhance
their livelihood by providing access to improved and innovative
technology and services.
MCX is an independent and de-mutulised multi commodity
exchange. It was inaugurated on November 10, 2003 by Mr. Mukesh
Ambani, Chairman and Managing Director, Reliance Industries
Ltd.; and has permanent recognition from the Government of
India for facilitating online trading, clearing and settlement
operations for commodities futures market across the country.
Today, MCX features amongst the world's top three bullion
exchanges and top four energy exchanges.
MCX offers a wide spectrum of opportunities to a large cross
section of participants including producers/ processors, traders,
corporate, regional trading centre, importers, exporters,
co-operatives and industry associations amongst others. Headquartered
in the financial capital of India, Mumbai, MCX is led by an
expert management team with deep domain knowledge of the commodities
futures market. Presently, the average daily turnover of MCX
is around USD1.55 bn (Rs.7,000 crore - April 2006), with a
record peak turnover of USD3.98 bn (Rs.17,987 crore) on April
20, 2006. In the first calendar quarter of 2006, MCX holds
more than 55% market share of the total trading volume of
all the domestic commodity exchanges. The exchange has also
affected large deliveries in domestic commodities, signifying
the efficiency of price discovery.
Being a nation-wide commodity exchange having state-of-the-art
infrastructure, offering multiple commodities for trading
with wide reach and penetration, MCX is well placed to tap
the vast potential poised by the commodities market.
Key shareholders
Financial Technologies (I) Ltd., State Bank of India and it's
associates, National Bank for Agriculture and Rural Development
(NABARD), National Stock Exchange of India Ltd. (NSE), Fid
Fund (Mauritius) Ltd. - an affiliate of Fidelity International,
Corporation Bank, Union Bank of India, Canara Bank, Bank of
---India, Bank of Baroda , HDFC Bank, SBI Life Insurance Co.
Ltd., Merrill Lynch and Citigroup.
For more information visit www.mcxindia.com
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