TNPSC Thervupettagam

Oil Seeds and Pulses procurement

April 22 , 2020 1599 days 897 0
  • 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.

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