Centre approves Rs 77.45 crore for revival of North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC)

Centre approves Rs 77.45 crore for revival of North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC)

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

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