NAFED to procure 20 lakh tonnes each of pulses, oilseeds at MSP

India’s central government’s National Agricultural Cooperative Marketing Federation (NAFED) is planning to buy 20 lakh tonne of mustard and 15-20 lakh tonne of pulses in the ongoing rabi (winter-sown) harvesting season at the minimum support price (MSP). NAFED will buy pulses and oilseeds on behalf of the government to provide MSP to farmers. The co-operative […]

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India’s NAFED to set up 100 bio-CNG plants under public-private partnership (PPP) model

National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), the apex organisation of marketing cooperatives for agricultural produce in India, plans to set up 100 bio-CNG manufacturing facilities, with an estimated investment of Rs 5,000 crore, across the country, under the public-private partnership model. NAFED has also entered into an agreement with Indian Oil Corporation […]

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NAFED and FCI Oilseeds, Pulses procurement at extreme slow pace

Food Corporation of India (FCI) and National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), which have a target to procure 33 lakh tonnes of oilseeds and pulses under the Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) in the 2018-19 marketing season ending March, have only been able to procure 3.75 lakh tonnes so far. […]

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India’s NAFED to begin selling buffer stock of onions

India’s National Agriculture Co-operative Marketing Federation of India (NAFED), which procured onions from Lasalgaon in Maharashtra and other wholesale markets in the state over the past four months, is now set to dispose nearly 13,000 tonnes of the buffer stock from its various storage facilities across Nashik district, top officials said. The central government had […]

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India doubles government guarantee for procurement of pulses, oilseeds under minimum support prices by state agencies

The Indian cabinet has approved the regularisation and extension of government guarantee for minimum support price (MSP) of agriculture commodities. The extension has been provided to lender bank for providing credit limit to National Agricultural Cooperative Marketing Federation of India (NAFED) up to Rs. 19,000 crore from earlier Rs.9,500 crore for undertaking procurement operation of […]

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India’s NAFED to procure additional 1 lakh tonnes of groundnut from Gujarat

The government of India has directed the National Agricultural Cooperative Marketing Federation of India Limited (NAFED) to procure an additional 1 lakh tonnes of the groundnut from Gujarat at the minimum support price (MSP) of Rs 4,500 per quintal. NAFED has already procured around 8 lakh tonnes of groundnut in the ongoing season. Initially, the […]

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