Question
Download Solution PDFWhich of the given statements is/are correct with respect to NAFED?
i. NAFED is registered under the Multi-State Co-operative Societies Act.
ii. It was set up with the objective of promoting Cooperative marketing of agricultural produce to benefit farmers.
iii. It was established in 1958.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is All
Key Points
- NAFED:-
- It stands for National Agricultural Cooperative Marketing Federation of India Limited.
- NAFED is a cooperative society that is registered under the Multi-State Co-operative Societies Act.
- The objective behind the establishment of NAFED was to promote cooperative marketing of agricultural produce, which would benefit farmers.
- NAFED was established in 1958, and since then, it has been playing a crucial role in ensuring fair prices for farmers and promoting agricultural exports from India.
Last updated on Jun 26, 2025
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