Neramac will ensure remunerative prices to the farmers and provide better farming facilities and training to the farmers of the North Eastern Region
The revival of North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC) will ensure remunerative prices to the farmers and provide better farming facilities and training to the farmers of the North Eastern Region. This information was shared by G Kishan Reddy, Union Minister for Culture, Tourism and Development of North Eastern Region (DoNER).
Recently, the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister has approved a revival package of Rs 77.45 crore (Rs 17 crore towards fund based support and Rs 60.45 crore towards non-fund based support) for the revival of NERAMAC, a central Public Section Enterprises under the administrative control of Ministry of Development of North Eastern Regional (MDoNER).
Reddy added, “The government has identified the North-Eastern region as a special focus area as the target set for the North East in the next five years is more than 50 per cent of the overall target of 6.5 lakh hectares set for the entire nation.”
The minister also highlighted the existing experience of states such as Mizoram in the North-eastern region that is ranked among the top five cultivators of oil palm in the country. “Farmers of states such as Mizoram already have significant oil palm cultivation experience and we can leverage their expertise in the rest of the North-Eastern states,” he said.
