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English Release 27-August 2014
Date Month Year
  • President's Secretariat
  • President of India presents Hindi Sevi Samman
  • Prime Minister's Office
  • PM wishes Shri Lalu Prasad Yadav a speedy recovery
  • President, Asian Development Bank, calls on PM
  • PM sets up Committee to identify obsolete laws within three months
  • PMO statement
  • UP Governor calls on PM
  • Min of Commerce & Industry
  • Policy for Private Investment in Rail Infrastructure Through Domestic and Foreign Direct Investment
  • Min of Comm. & Information Technology
  • Hkkjr Domain Name
  • State IT Ministers Conference on “Digital India”
  • Min of Defence
  • Defence Minister Reviews Progress of Indigenous Submarine Construction at Mazagon Docks Limited, Mumbai
  • Ministry of Finance
  • Prime Minister to Launch Pradhan Mantri Jan Dhan Yojana Tomorrow: To Dedicate Mobile Banking Facility on Basic Mobile Phones to the Nation
  • Min of Food Processing Industries
  • Availability of nutritious meals in schools
  • Min of Health and Family Welfare
  • Universal Health Assurance to galvanise Health Care sector
  • Min of Home Affairs
  • DG-BSF Briefs Home Minister on Border Situation
  • Min of Mines
  • Mineral Production during June 2014
  • Min of Personnel, Public Grievances & Pensions
  • Dr. Jitendra Singh Inaugurates Seminar on ‘Transparency and Accountability’
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket increased to US$ 101.25 per bbl on 26.08.2014

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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