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The Hindu
The Hindu
National
PTI

Cooperative export body NCEL gets ₹7,000 crore orders so far, to share profit with member farmers: Amit Shah

Cooperation

Cooperation Minister Amit Mr. Shah on October 23 said the newly established National Cooperative for Exports Ltd. (NCEL) has bagged orders of ₹7,000 crore so far.

Mr. Shah, who launched the new logo and website of NCEL in New Delhi, said the cooperative will ensure that benefits of exports reach member farmers of cooperatives and will share with them about 50% of the export profit over and above the minimum support price.

“Currently, NCEL is operating from a temporary office. We are recruiting staff. So far, we [NCEL] have received orders worth ₹7,000 crore...,” the Minister said addressing a national symposium.

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