Varanasi: To promote cooperation in research and development works related to rice genetic resources, the International Rice Research Institute (IRRI).
The newly set up cooperative export body NCEL has got permission to export 14,92,800 tonnes of non-Basmati rice to 16 countries and 50,000 tonnes of sugar to two countries, Cooperation Minister Amit Shah said on Wednesday in the Rajya Sabha. The National Cooperative Exports Ltd (NCEL) was registered in January this year under the Multi-State Co-operative Societies Act, 2002.
cooperation minister amit shah on monday said the newly-established national cooperative for exports ltd (ncel) has bagged orders of rs 7,000 crore so far. shah, who launched the new logo and website of ncel here, said the cooperative will ensure that benefits of exports reach member farmers of cooperatives and will share with them about 50 per cent of the export profit over and above the minimum support price.
The newly established National Cooperative for Exports Ltd (NCEL) in India has received orders worth Rs 7,000 crore ($930 million) so far, according to Cooperation Minister Amit Shah. The cooperative aims to ensure that the benefits of exports reach member farmers of cooperatives and will share around 50% of the export profit with them. NCEL will also assist farmers in manufacturing products for the export market and purchase commodities to be exported at the minimum support price.