HomeNewsNationalCCEA approves Rs 77.45 cr for revival of north eastern agri-marketing corp

CCEA approves Rs 77.45 cr for revival of north eastern agri-marketing corp

CCEA approves Rs 77.45 cr for revival of north eastern agri-marketing corp

The Cabinet Committee on Economic Affairs (CCEA) has given its approval for a Rs 77.45 crore package for the revival of state-run North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC).

  • The revival package will help NERAMAC to implement innovative plans such as providing better farming facilities, training to farmers in clusters, organic seeds and fertiliser, post-harvesting facilities in order to promote the products of north east farmers in the world market.
  • The revival package of Rs 77.45 crore includes Rs 17 crore is towards fund-based support and Rs 60.45 crore is non-fund-based support.
  • The revival package will ensure the remunerative prices to farmers of the north eastern region of their products.
  • It will also create employment to almost 33,000 people.

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