Centre approves Rs 77.45 crore for revival of North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC)
- The Central Government has approved a revival package of Rs.77.45 crore for the revival of North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC).
- NERAMAC is a central Public Section Enterprises under the administrative control of Ministry of Development of North Eastern Regional (MDoNER).
- The Rs.77.45 crore package comprise of Rs. 17 crore towards fund based support and Rs.60.45 crore towards non-fund based support.
- The revival of NERAMAC aims to ensure remunerative prices to the farmers and provide better farming facilities and training to the farmers of the North Eastern Region.
- NERAMAC will implement various innovative plans like providing better farming facilities, training to farmers in clusters, organic seeds and fertiliser, post-harvesting facilities to promote the north east farmers’ products in the international market.
Source: India Today