NAFED: The Turnaround Story
Fall and Rise of the Phoenix...
NAFED has been rendering service to the farmers of India through Price Support and Outright Business Operations. It is one of the nodal agencies of the Govt. of India for procurement of oilseeds, pulses, copra and de-husked coconut under the Price Support Scheme (PSS). The profitability of Outright Business depends on the market forces which can yield a positive or negative outcome. The PSS business is on account of GOI where losses, if any, are reimbursed fully. However, the PSS is not a guaranteed business because it gets activated only when the prices fall below the Minimum Support Price (MSP) declared by the Govt. of India.
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EDITOR'S DESK, Apr 2024
Robert Kiyosaki is right on the money when it comes to advice on real estate investments. Even on a small scale, such investments remain a tried and tested means of building an individual’s cash flow and wealth. That is why we are taking a look at Omaxe Chowk, a flagship project of the Omaxe Group that is quite in the news...
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