india-news

Cabinet okays entities' merger for good seeds to farmers

New Delhi, Dec 26 : In order to benefit farmers, the cabinet Thursday approved the merger of two public sector units, the State Farms Corporation of India (SFCI) and the National Seeds Corporation (NSC), a statement released by the government said.


The move aims to provide quality, affordable seeds to every farmer, no matter how remote his residence in the country.

The statement said the move will serve the interest of farmers and enable them to handle better the changing requirements of the agriculture sector.

The merged entity is expected to occupy the prime position in the Indian seed industry by the year 2020.

The combined turnover would increase from Rs.1,180 crore to Rs.2,046 crore by 2017, and be about Rs.3,112 crore by 2020, the statement said.

--IANS (Posted on 26-12-2013)

india-news headlines

Want good relations but incursion, terrorism 'intolerable': Rajnath

Congress made country "World Champion" in Scams

Joshi is correct, its a BJP wave not mine: Modi

Manipur votes for its second LS seat Thursday

BJP to get majority, Modi will be PM: M. Venkaiah Naidu

CDs of Azam Khan, Amit Shah hate speeches being examined

LS polls: Smriti Irani files nomination from Amethi

BJP is a one-man show: Priyanka Gandhi

Gandhi family embodies secularism: Ghulam Nabi Azad

Priyanka remark: Congress complains to EC against Swamy

Won't be vindictive towards anyone: Narendra Modi

LS polls: CNBC-TV18 partners with TCS, Twitter

Quick Links: Goa | Munnar | Pondicherry | Free Yearly Horoscope '2014

Comments

Your e-mail:


Your Full Name:


Type verification image:
verification image, type it in the box

Message:

Back to Top