Page-3 of NAFED Current Affairs, GK & News
The Cabinet Committee on Economic Affairs (CCEA) has approved proposal to double guarantee to Rs. 19,000 crore from earlier Rs 9,500 crore to National Agricultural Cooperative Marketing Federation of India (NAFED) for obtaining credit from banks for procurement of pulses and oilseeds at the support price. The regularization and extension is for undertaking procurement operation ..
The Cabinet Committee on Economic Affairs (CCEA) has approved creation of buffer stock of pulses to deal with wide fluctuation in prices of pulses and check food inflation. The buffer stock will be created by the procurement and would be valid for fiscal year 2015-16. As per decision The buffer stock will consist about 50000 ..
The Union Cabinet has approved reimbursement of 113 crore rupees for incurring losses on pulses imported by four government agencies between 2006- 2011 period. These four government agencies are National Agricultural Cooperative Marketing Federation of India (NAFED), Metals and Minerals Trading Corporation of India (MMTC), State Trading Corporation of India (STC) and PEC. This decision ..