The central government has given approval to National Co-operative Organics Limited (NCOL), which aims to boost Indian share in the global organic market which is barely around 3 per cent, estimated to be Rs.10 lakh crore.
The venture is reported to have been in close tie-up with the National Agricultural Cooperative Marketing Federation of India (NAFED), Gujarat Cooperative Milk Marketing Federation (GCMMF), the National Dairy Development Board (NDDB), National Cooperative Consumers’ Federation of India (NCCF) and National Cooperative Development Corporation (NCDC).
Its registered office will be in Anand, Gujarat at NDDB’s head office. The supply chain of organic products produced by cooperatives and other establishments will be entirely managed by NCOL.
The movement will be effective in providing technical assistance and training to the farmers and related individuals for promoting the production and promotion of organic produce.
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