Source: ET
Context:
National Cooperative Exports Limited (NCEL) and Agricultural and Processed Food Products Export Development Authority (APEDA) signed a Memorandum of Understanding (MoU) to enhance agricultural exports driven by cooperatives.
About National Cooperative Exports Limited (NCEL)
What it is?
- A national-level multi-state cooperative society serving as an umbrella organisation for all cooperative exports.
- Established: 25 January 2023, under the Multi-State Cooperative Societies Act, 2002.
- Headquarters: New Delhi.
Objectives:
- Facilitate export opportunities for Indian cooperatives.
- Strengthen farmers’ income through international market access.
- Realise the cooperative vision of “Sahakar se Samriddhi.”