The NICR has significant depth and breadth of domain experience and expertise in agriculture markets, financial markets and agriculture finance, agriculture related e-Commerce platforms and rural development projects. NICR is a wholly owned subsidiary of the National Commodity & Derivatives Exchange (NCDEX), to meet the research gap. NICR has been incorporated under Section 25 of the Companies Act, 1956 (No. 1 of 1956), on the 18th of September 2007. Corporate Identity No. - U51909MH2003PLC140116. Our aim is to be an independent, credible academic and research institute of eminence. VISION To make NICR recognized nationally as an independent, credible academic and research institute of eminence. MISSION To conduct high-quality independent research, educate and stimulate debate to provide innovative, practical recommendations that advance three broad goals- Strengthen and embed understanding of physical and derivative commodity markets Foster the economic and social welfare of individuals and businesses through free and transparent commodity markets Secure a more open, safe, prosperous and cooperative trading ecosystem for commodities. ORGANISATIONAL CAPACITY NICR derives its credibility and strength from its parent organization NCDEX, one of India's leading commodity Exchange and its other group companies – NCCL, NERL and NeML.