
Ministry of Cooperation has set up three national level multi-state cooperative societies; one each for Exports, Organic produce and quality seeds. These Societies have been registered under MSCS Act, 2002. The cooperative societies of all levels, who are interested in activities specified for each of societies, are eligible to become a member. The details are as under:
(i). National Cooperative Exports Limited (NCEL): The NCEL is promoted by Indian Farmers Fertilizer Cooperative Limited (IFFCO), Krishak Bharati Cooperative Limited (KRIBHCO), National Agricultural Cooperative Marketing Federation of India Limited (NAFED), Gujarat Cooperative Milk Marketing Federation Limited (GCMMF - Amul) and National Cooperative Development Corporation (NCDC). The initial paid up capital of NCEL is Rs. 500 Cr with contribution of Rs. 100 Cr each by the five promoters and authorized share capital is Rs. 2,000 Cr.
This society will focus on exporting the surpluses available in the Indian cooperative sector by accessing wider markets beyond the geographical contours of the country, thereby, increasing the demand of Indian Cooperative products/services across the globe and fetch best possible prices for such products/services. It will promote exports through various activities including procurement, storage, processing, marketing, branding, labelling, packaging, certification, research and development, etc, and trading of all types of goods and services produced by cooperative societies. The society will also help in arranging finance, provide technical guidance, help in training and capacity building, develop and maintain market intelligence system, implement related government schemes and undertake any other such activities which will increase exports from the cooperative sector and other related entities.
Initiatives and progress undertaken thereof:
and thereby enhancing the market presence and value realisation of the products/commodities within and outside India.The society will focus on production, testing, certification, procurement, processing, storage, branding, labelling and packaging of all two generations of seeds i.e. foundation and certified through PACS by leveraging various schemes and policies of different ministries of Government of India. This will also help in achieving the goal of "Sahakar-se-Samriddhi" through the inclusive growth model of cooperatives, where the members would benefit both by realization of better prices through production of quality seeds, higher production of crops by use of High Yielding Variety (HYV) seeds and also by dividend distributed out of the surplus generated by the society.
Initiatives and progress undertaken thereof:
(iii). National Cooperative Organics Limited (NCOL): The NCOL is promoted by Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), National Agricultural Cooperative Marketing Federation of India Limited (NAFED), National Cooperative Consumers' Federation of India Limited (NCCF), National Dairy Development Board (NDDB) and National Cooperative Development Corporation (NCDC). The initial paid up capital of NCOL is Rs. 100 Cr with contribution of Rs. 20 Cr each by the five promoters and authorized share capital is Rs. 500 Cr. The NCOL has been set up to provide institutional support for aggregation, certification, testing, procurement, storage, processing, branding, labelling, packaging, logistic facilities, marketing of organic products and facilitate in arranging financial assistance to the organic farmers through its member Cooperatives including PACS/FPOs alongwith promotional and developmental activities of organic products with the help of various schemes and agencies of the Government. The NCOL will help in marketing of authentic and certified organic products to increase production of organic products by the cooperatives at various levels.
Initiatives and progress undertaken thereof: