BEWARE OF FAKE INSTITUTES WITH SIMILAR NAMES. blank    blank
banner

National Cooperative Export Ltd.(NCEL) - Your Export Partner



  Oct 27, 2023

National Cooperative Export Limited (NCEL)



Q1: What is the National Cooperative Export Limited (NCEL), and what is its primary objective?

A: The NCEL is India’s first multi-state cooperative society for exports. Its primary objective is to promote the country’s organic products and share half of its returns with farmers. It aims to provide a global platform for organic products.

Q2: How will the NCEL boost overseas shipments of organic produce?

A: The NCEL will extend various services to enhance market linkages and supply chains for exports. It will connect relevant ministries and Indian embassies to facilitate overseas shipments.

Q3: How is the NCEL being established, and what other national cooperatives are being planned by the Modi government?

A: Parliament made the law.The Union government is also planning to set up two more multi-state cooperatives, one for promoting seed businesses and another for organic farming.

Q4: What is the constitutional basis for the Centre’s involvement in cooperatives like the NCEL?

A: Under the Constitution’s Seventh Schedule, which divides responsibilities between the Centre and states, the state governments have jurisdiction over cooperatives.
However, the Centre has control over policy-making for cooperatives that operate in more than one state, known as multi-state cooperatives.

Q5: What is the broader vision behind the establishment of NCEL and the Ministry of Cooperation?

A: The establishment of NCEL and the Ministry of Cooperation is part of the vision for “Sahkarita Se Samriddhi” (progress through cooperation). It aims to modernize and strengthen the cooperative sector in India.


Share:
 

Get a call back

Fill the below form to get free counselling for UPSC Civil Services exam preparation

 
UPSC DAILY CURRENT AFFAIRS

 
ANGEL TAX AND ITS ABOLITION:UNION BUDGET 2024-25
 
UNION BUDGET 2024-25
 
TAX BASE WIDENING AND DEEPENING: BUDGET 2024-25
 
RIVER INTERLINKING IN INDIA: PROGRESS REPORT
 
FISCAL CONSOLIDATION:BUDGET 2024-25
 
INDEXATION BENEFIT :CBDT
 
Boosting India's Manufacturing Sector
 
Productivity and Its Determinants
 
ISRO : Air Breathing Propulsion System-FAQs:
 
MSME Challenges: Formalisation and Credit
 
REGULATING GIG-BASED WORK
 
HEAT STRESS: WORKERS’ HEALTH & PRODUCTIVITY
 
MONEY BILLS AND THEIR SPECIAL PROCEDURE
 
PAKODANOMICS: SIMPLIFIER
 
NEUTRINOS: FUNDAMENTAL PARTICLES