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CCEA approves Rs 77.45 crore for revival of North Eastern Agri-Marketing Corporation Ltd

The revival package will help NERAMAC to implement various innovative plans like providing better farming facilities, training to farmers in clusters

  • Money9
  • Last Updated : August 18, 2021, 17:21 IST
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Stating that there is a need to make cooperatives survive in a competitive environment, the minister said a new cooperative policy will be brought as part of the government's 'Azadi Ka Amrit Mahotsav' initiative to celebrate and commemorate 75 years of progressive India.
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The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a Rs 77.45 crore package for the revival of state-run North Eastern Regional Agricultural Marketing Corporation Ltd (NERAMAC).

“CCEA has approved a revival package of Rs 77.45 crore for NERAMAC,” Information and Broadcasting Minister Anurag Thakur told reporters after the meeting.

Revival package to provide better farming facilities

The revival package will help NERAMAC to implement various innovative plans like providing better farming facilities, training to farmers in clusters, organic seeds and fertiliser, post-harvesting facilities to promote the products of north-east farmers in the world market, the minister added.

North Eastern Regional Agricultural Marketing Corporation (NERAMAC) is a central public sector enterprise under the administrative control of the Ministry of Development of North Eastern Region (MDoNER).

Published: August 18, 2021, 17:20 IST

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  • Agriculture in North East
  • Assam
  • CCEA

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