Nafed to open 200 grocery stores named Nafed Bazar under franchise mode by March 2022
National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), the central government agency engaged in procurement, processing, distribution, export and import of various agricultural commodities in collaboration with Tirupati Cooperative has opened its first grocery store named Nafed Bazar in Gurugram, Haryana.
The store was inaugurated by NAFED chairman Dr Bijender Singh along with Dr Chander Pal Singh, chairman, Krishak Bharti Limited (KRIBHCO). Mrinalini Shrivastava, Commissioner Investment, Sikkim Government was also present on the occasion.
Price crash and fungal infection force growers to dump quintals of mangoes on highway
Mango growers in Karnataka’s Kolar district have dumped many quintals of mangoes following the Anthracnose fungal infection and crash in mango prices, a farmer leader said.
“Mango growers are in distress in the district due to terrible losses. With no aid coming from the government, farmers have dumped loads of mangoes by the roadside in some parts of Srinivasapura in the district,” Kolar District Mango Growers and Marketing Association president Neelaturu Chinnappa Reddy told P T I.
30 FPOs see over 2-fold jump in revenue in 2 years after SFAC intervention
About 30 farmer producer organisations (FPOs) in three states, including West Bengal, reported more than two-fold increase in their annual turnover in the last two years after a pilot intervention to make them viable, Small Farmers Agri-Business Consortium (SFAC) said on Sunday. SFAC, an autonomous body promoted by the Union Agriculture Ministry, collaborated with Grant Thornton Bharat in 2018 to introduce multiple interventions on 30 select FPOs in West Bengal, Karnataka and Madhya Pradesh for two years.
“A gamut of interventions were undertaken by way of input, credit, common facilities and market linkages, in addition to capacity-building and training of the Board of Directors (BoDs) on business planning. Notably, almost all of the FPOs were credit-linked for either working capital or term loan,” said SFAC Managing Director Neelkamal Darbari in a statement.