Answer: Maharashtra
Notes: Maharashtra has launched a hedging desk in Pune to help farmers lock in prices, reduce risks, and boost incomes under the SMART Project, which stands for Balasaheb Thackeray Agribusiness and Rural Transformation Project. The desk will first cover cotton, turmeric, and maize crops to protect farmers from market price fluctuations. The initiative will expand to include more crops in the future. It is supported by the National Commodity and Derivatives Exchange and its research wing National Institute of Commodity Research (NICR).
