National Agricultural Cooperative Marketing Federation of India (NAFED)
Why in news?
Union Agriculture Minister Shivraj Singh Chouhan held an extensive review meeting of NAFED in New Delhi, emphasizing its central role in the government's six-year "Self-Reliance in Pulses Mission." The meeting focused on strengthening pulses procurement at Minimum Support Price (MSP), price stabilization, and farmer outreach to boost India's pulses economy.
Highlights of the Meeting
- Strengthening MSP Procurement: NAFED was directed to make procurement of pulses and oilseeds more robust, transparent, and time‑bound, ensuring farmers receive MSP benefits without delays.
- Price Stabilization: Discussions focused on the Price Support Scheme (PSS) and Price Stabilisation Fund (PSF), both crucial for managing supply and stabilizing market prices.
- Farmer Outreach: Emphasis was placed on expanding awareness campaigns so farmers understand how to access MSP procurement and benefit from government schemes.
- Mission Alignment: NAFED’s role was reaffirmed as central to the Self‑Reliance in Pulses Mission, which is designed to boost domestic production and reduce reliance on imports.
About NAFED
- Established in 1958.
- Functions under the Ministry of Agriculture and Farmers’ Welfare, Government of India.
- It is an apex organization of marketing cooperatives for agricultural produce in India.
Objectives
- Organize, promote, and develop marketing, processing, and storage of agricultural, horticultural, and forest produce.
- Facilitate distribution of agricultural machinery, implements, and inputs.
- Undertake inter-state, import, and export trade in agricultural commodities.
- Support cooperative institutions in marketing and trading activities
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