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Home NAFED

NAFED registers profit; Board thanks Modi

Ajay Jha by Ajay Jha
April 27, 2017
in NAFED
10
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What was being dismissed as a cooperative beyond repair is on the mend again -the story of the fall and rise of Nafed puts even sensational bollywood scripts in the shade. It has in one stroke silenced its critics by earning a handsome profit of Rs 125 crore and the Board members thanked the Modi govt for standing by it when it was in dire need of support.

In the Board meeting on Wednesday the Board presided over by Vagchibhai Patel passed a resolution thanking the Central govt for helping Nafed earn a profit as service charge for procuring food-grains. “It was a welcome change and all of us felt compelled to say thank you to the govt”, said Nafed Vice Chairman Dileebhai Sanghani to Indian Cooperative.

A simple man to the core Sanghani also thanked each and every member of the board for their support for the unfolding growth story of Nafed; “it is after all a team work”, he underlined.

Explaining the role of the central govt Sanghani said the Modi govt allowed Nafed to purchase pulses and oilseeds from across the states that has yielded the cooperative a handsome operational profit of Rs 125 crore.

With the Nafed on the surge again, farmers are complaining against Maharashtra government for its decision to not procure tur from farmers who have registered with NAFED after April 22. Tur farmers across the county are facing huge losses after prices crashed due to a bumper crop. Tur now trades at less than the minimum support price (MSP) of Rs 5,050 per quintal set by the state.

To ensure farmers don’t suffer heavy loss, NAFED, along with the Small Farmers Agribusiness Consortium (SFAC) and the Food Corporation of India (FCI), has been buying the pulse at the MSP, reports ET.

Tags: cooperativeDileepbhai SanghanifarmersMSPNAFEDnarendra modi
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Comments 10

  1. ANIL KUMAR says:
    9 years ago

    Revival of NAFED is very helpful for Indian Farmers and for our Nation and we specially thanks our Hon’ble Minister SRI RADHA MOHAN SINGH JI for developing our Co-operative sector.

  2. Prashant Singh says:
    9 years ago

    Pleasant to hear handsome earning of NAFED with the very support of Modi jee and Ministers,special Thanks to sri Radha Mahan singh for caring Farmers.
    BISCOMAUN,Patna too helping farmers and in need such a support from govt.,caring farmers.
    Thanks a lot, expecting for farmers favourable response.

  3. Sanil Kumar says:
    9 years ago

    Revival of NAFED is very helpful for Indian Farmers and country
    many many specially Thanks Hon’ble Minister SRI RADHA MOHAN SINGH JI

  4. Anonymous says:
    9 years ago

    It was bound to happen,after all , the board of Nafed has a Bihari as its vice chairman who is known for his Midas touch. Ever since he has been named its VC the revival gripped the path.

  5. Anil Kumar says:
    9 years ago

    Yes, We’re thankful to SHRI RADHA MOHAN SINGH as for the revival of NAFED.THIS is going to help us do something to the part of the society which does so much but is deprived of what is deserves and those are the farmers of our country.
    It is a matter of pride for us to have people like Shri Radha Mohan Singh Ji, the Hon’ble Agricultural Minister, who’s helping our Co-operative sector develop!
    Thanks a lot Shri Radha Mohan Singh Ji!

  6. Parmod Kumar says:
    9 years ago

    नेफेड का रिवाइवल देश के लिए एंव देश के किसानों के हित में है, जिसके लिए मैं और अपने क्षेत्र के किसान भाईयों के तरफ से भारत के कृषि मंत्री श्री राधा मोहन सिंह जी को बहुत-बहुत बधाई देता हूॅं।

    प्रमोद कुमार
    ग्राम +पो0.रानी चट्टी
    जिला-बेगूसराय

  7. विकास शाहा says:
    9 years ago

    किसानों के हितैषी सरकार एवं माननीय कृषि मंत्री श्री राधामोहन सिंह के उत्कृष्ट सहयोग द्वारा नाफेड के अद्भुत उत्त्थान के लिए धन्यवाद ।

  8. Rupesh Kumar says:
    9 years ago

    First and foremost we all know how much farmers are important for our nation and by the contribution of Sri Radha Mohan Singh Ji in the revival of NAFED, we would like to thank him for his support and active participation in good governance.

    Regards
    Rupesh Kumar
    Sheikhpura

  9. MS says:
    9 years ago

    It was bound to happen, thanks to the efforts of our agriculture minister Shri Radha Mohan Singh. No one can match his contribution in revival of Nafed and cooperative as well.

  10. MS says:
    9 years ago

    It was bound to happen, thanks to the efforts of our Agriculture minister Shri Radha Mohan Singh. No one can match his contribution towards revival of Nafed and cooperative as well .

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