Source: PIB
Context: Starting from August 15, the National Cooperative Consumers’ Federation (NCCF) and the National Agricultural Cooperative Marketing Federation of India (NAFED) will be selling tomatoes at a retail price of Rs. 50 per kg.
Why the step?
NCCF and NAFED had taken steps to procure tomatoes from mandis (wholesale markets) in Andhra Pradesh, Karnataka, and Maharashtra, as directed by the Department of Consumer Affairs, in order to counter rising retail prices in major consumption centres over the past month.
What is NCCF?
| Aspect | Details |
| The National Cooperative Consumers Federation of India (NCCF) was established on October 16, 1965, (HQ: New Delhi) as the apex body of consumer cooperatives. | |
| Purpose | To function as the apex body of consumer cooperatives, promoting the consumer cooperative movement |
| Legal Status | Registered under the Multi-State Co-operative Societies Act, 2002 |
| Ministry | Ministry of Consumer Affairs, Food and Public Distribution, Government of India |
| Function | Facilitates the voluntary formation and democratic functioning of consumer cooperatives |
| Structure | Management: Board of Directors |
| Ultimate Authority: General Body | |
| Board of Directors | Exercises most powers of NCCF (excluding those reserved for the General Body) |
| Current Sanctioned Strength: 21 | |
About NAFED:
National Agricultural Cooperative Marketing Federation of India Ltd (est. 1958; HQ: New Delhi) is an apex organization of marketing cooperatives for agricultural produce in India.
It is registered under the Multi-State Co-operative Societies Act, 2002, and has become a major agricultural procurement and marketing agency in India. Its objectives include organizing and promoting the marketing, processing, and storage of agricultural products. NAFED also distributes agricultural machinery and inputs, engages in inter-state and international trade, and provides technical advice for agricultural production and cooperative marketing.
