Tamil Nadu Minister Sellur K.Raju is quoted saying Tamil Nadu Cooperative Federation (TANFED) had Rs 10.17 crore profit during 2018-2019 fiscal year, reports New Indian Express.
After his visit to Minister Sellur K Raju to a TANFED office in Raja Annamalaipuram, the minister said the government has offered TANFED a total of Rs 746.3 crore interest-free advance from 2011 to July 2020 to offer DAP to farmers.
According to the minister, 38,53,002 metric tonnes of fertilisers were sold for Rs 5,077.74 crore through 4,352 primary agriculture cooperative loan societies. Besides, 2,83,139 metric tonnes of agricultural produce and cattle feed were sold for Rs 604.49 crore from 2011 to July 2020, the minister claimed.