Amit Shah Reviews Progress of Key National Cooperative Institutions
ECONOMY & POLICY

Amit Shah Reviews Progress of Key National Cooperative Institutions

Union Home Minister and Minister of Cooperation Amit Shah chaired a high-level review of National Cooperative Exports Limited (NCEL), National Cooperative Organics Limited (NCOL) and Bharatiya Beej Sahkari Samiti Limited (BBSSL). These institutions, formed in two thousand twenty-three under the leadership of Prime Minister Narendra Modi, aim to strengthen cooperative-led exports, organic farming and seed development.

Amit Shah directed NCEL to explore export potential of sugar, aromatic rice, organic cotton and coarse grains, and set a target of Rs two trillion in exports. NCEL achieved a turnover of Rs 4.28 Bn and Rs one hundred twenty-two Mn in net profit in financial year two thousand twenty-four to twenty-five. It has expanded exports to twenty-eight countries and signed sixty-one agreements with importers.

NCOL, supplying to brands like Amul and Bigbasket, was assigned a turnover target of over Rs three hundred Mn for financial year 2025-26. Its 'Bharat Organics' brand focuses on authenticity and sustainability, with QR-coded pesticide test reports for consumers.

BBSSL was praised for its role in strengthening India’s seed ecosystem. It will focus on crops with high yield and low water needs. A tissue culture facility and breeder seed coordination are planned to ensure availability of quality inputs.

Source:Press Information Bureau, Government of India


Union Home Minister and Minister of Cooperation Amit Shah chaired a high-level review of National Cooperative Exports Limited (NCEL), National Cooperative Organics Limited (NCOL) and Bharatiya Beej Sahkari Samiti Limited (BBSSL). These institutions, formed in two thousand twenty-three under the leadership of Prime Minister Narendra Modi, aim to strengthen cooperative-led exports, organic farming and seed development.Amit Shah directed NCEL to explore export potential of sugar, aromatic rice, organic cotton and coarse grains, and set a target of Rs two trillion in exports. NCEL achieved a turnover of Rs 4.28 Bn and Rs one hundred twenty-two Mn in net profit in financial year two thousand twenty-four to twenty-five. It has expanded exports to twenty-eight countries and signed sixty-one agreements with importers.NCOL, supplying to brands like Amul and Bigbasket, was assigned a turnover target of over Rs three hundred Mn for financial year 2025-26. Its 'Bharat Organics' brand focuses on authenticity and sustainability, with QR-coded pesticide test reports for consumers.BBSSL was praised for its role in strengthening India’s seed ecosystem. It will focus on crops with high yield and low water needs. A tissue culture facility and breeder seed coordination are planned to ensure availability of quality inputs.Source:Press Information Bureau, Government of India

Next Story
Technology

RRP Electronics Secures Land for Rs 1.2 Billion Semiconductor Fab

RRP Electronics, which plans to set up a Rs 1.2 billion semiconductor fab in Maharashtra, on Friday announced receiving a letter of comfort from the state government for a 100-acre land parcel in Navi Mumbai for the proposed facility.Maharashtra Chief Minister Devendra Fadnavis presented the letter of comfort to the company at a late event on Thursday, the company, which is backed by legendary cricketer Sachin Tendulkar, said in a statement.“The company has secured 100 acres in Navi Mumbai for relocating a semiconductor fab from Sherman, Texas, from one of the world’s most established semi..

Next Story
Real Estate

India’s Home Prices Set to Rise Sharply, Rentals Also Climb

Home prices in India are projected to rise more steeply than earlier forecasts, fuelled by demand from wealthy buyers, while the shortage of affordable housing is worsening and pushing millions towards costly rentals, according to a Reuters poll of property experts.The survey of 20 analysts, conducted between 14 August and 12 September, found that average home prices — already more than double over the past decade — are expected to rise 6.3 per cent in 2025 and 7 per cent in 2026, after an estimated 4 per cent increase in 2024. This outlook is higher than the 6 per cent and 5 per cent incr..

Next Story
Infrastructure Urban

Credai Calls for Land Reforms to Drive Real Estate Growth by 2047

The Confederation of Real Estate Developers’ Associations of India (Credai) has called for comprehensive land reforms, including conclusive land titling through a Land Titling Act and the creation of a unified national digital land register to enhance transparency and accessibility.It also urged the development of land banks to promote affordable housing and emphasised the planned creation of 100 ‘cities of tomorrow.’Unveiling its report, The National Real Estate Development Framework – Vision 2047, at its annual conference in Singapore, Credai highlighted the need for land reforms, di..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?