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English Release 22-October 2014
Date Month Year
  • President's Secretariat
  • President’s Diwali greetings
  • Vice President's Secretariat
  • Vice President Greets People on Deepawali
  • Prime Minister's Office
  • PM's 2nd "Mann Ki Baat" programme on 2nd November
  • PM shares the link of his page for Diwali wishes
  • Min of Culture
  • Former Chief Election Commissioner, Shri N Gopalaswami appointed as Chairman of Kalakshetra Foundation Chennai
  • Min of Defence
  • Update on Su-30 Accident
  • Min of Human Resource Development
  • Ministry of Human Resource Development Launches All India Survey on Higher Education (AISHE) 2014-15
  • Min of Information & Broadcasting
  • Government to commemorate Sardar Patel’s birthday on October 31 as ‘Rashtriya Ekta Divas’.
  • Min of Micro,Small & Medium Enterprises
  • The Ministry of Micro, Small and Medium Enterprises gets ISO 9001: 2008 Certificate
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 83.73 per bbl on 21.10.2014
  • Min of Skill Development, Entrepreneurship, Youth Affairs and Sports
  • India won 3 Medals at 2nd Asian Para Games 2014 on 21st October, 2014

Previous Date

 
Cabinet Committee on Economic Affairs (CCEA)02-May, 2013 20:39 IST
Full reimbursement of losses to National Agricultural Cooperative Marketing Federation of India Ltd. on procurement of copra under Price Support Scheme

The Cabinet Committee on Economic Affairs (CCEA) today approved the removal of the cap on the amount of losses to be reimbursed on procurement of copra in the interest of farmers. This will ensure remunerative prices to growers.

Copra prices are already ruling below Minimum Support Price (MSP) level in some parts of the country, and may fall further unless immediate steps are taken to intervene in the market, to ensure MSP of copra for the farmers according to the policy of the Government. In view of lower prices of copra, National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) was finding it difficult to restrict losses within 15 percent of the cost of procurement under the Price Support Scheme (PSS) and hence could not undertake procurement of copra.

The CCEA considered the proposal of the Department of Agriculture & Cooperation for full reimbursement of losses to the NAFED on procurement of copra under PSS.

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SH/NK/SK
(Release ID :95470)

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