Cabinet Approves Rs.2000 Crore Grant for NCDC

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a Central Sector Scheme granting Rs.2000 crore to the National Cooperative Development Corporation (NCDC) over four years (2025-29). This funding will enable NCDC to raise Rs.20,000 crore from the open market, facilitating loans to cooperatives for new projects and working capital. Approximately 2.9 crore members from various cooperative sectors, including dairy and textiles, are expected to benefit, enhancing economic conditions and employment opportunities in rural areas.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link