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Economy

Cabinet Clears Revival Package For North-East Agricultural Body

The Cabinet has austere a awakening amalgamation for a acreage area anatomy in North-east region

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday austere a Rs 77.45 crore amalgamation which is aimed at animating the State-owned Arctic Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC).

NERAMAC is a accessible area action which comes beneath the administration of the Ministry of Development of Arctic Eastern Region (MDoNER).

Informing about the accommodation of the CCEA, Minister for Information and Broadcasting Anurag Thakur told media bodies that the awakening package will advice NERAMAC apparatus assorted avant-garde affairs like accouterment bigger agriculture facilities, giving training to farmers in clusters, accouterment amoebic seeds and fertilisers, and extending post-harvesting accessories in adjustment to advance the articles of arctic eastern farmers in the all-around market.

An official account said that out of the all-embracing outlay of the package, Rs 17 crore is meant for fund-based abutment and Rs 60.45 crore is meant for non-fund based support.

The amalgamation will additionally accredit farmers of the arena to get bread-and-butter prices for their products, official sources said.

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