The Food Corporation of India (FCI) and NAFED (National Agricultural Cooperative Marketing of India) have procured oil seeds and pulses from farmers directly at Minimum Support Prices.
Currently, the Price Support Scheme for the Rabi season has been launched in Andhra Pradesh, Karnataka, Rajasthan, Telangana, Uttar Pradesh, Haryana and Maharashtra.
NAFED is the apex organization for all marketing cooperatives of agricultural produce in the country.
Apart from agricultural produce, NAFED also procures forest resources.
It was established as a nodal agency for price stabilization in the country under “Operation Greens”.
Operation Greens was introduced in the Union Budget 2018-19.
The project aims to stabilize the supply of tomatoes, onion and potatoes in the country.