Mumbai, July 29 -- India can become truly wealthy when people in Tier-3 to Tier-6 towns get the benefits of economic, industrial and services-sector growth, NCDEX MD & CEO Arun Raste has said.

The National Commodity & Derivatives Exchange Limited (ncdex.com) launched its new mutual fund transaction platform named NCDEX Nidhi on Wednessday.

Speaking to ANI on the sidelines of the launch, Raste said when companies like Reliance or Tata grow, those gains should reach a farmer in the form of investment returns and dividends, in addition to their agricultural income.

Noting that NCDEX has a dedicated Farmer Producer Organization (FPO) division working directly with farmers across India, he said, the entity is working to develop educational ...