NCEL-APEDA MoU to Lift Cooperative Agri Exports
Why in the news
NCEL and APEDA (the Agricultural and Processed Food Products Export Development Authority) agreed an MoU so that cooperatives can send more farm produce abroad.
About NCEL
- Full name: National Cooperative Exports Limited; acts as the umbrella body for cooperative exports.
- Set up: 25 January 2023, registered under the Multi-State Cooperative Societies Act, 2002.
- Based in: New Delhi.
- Objectives: open export openings for cooperatives, raise farmers’ incomes via global markets, and deliver “Sahakar se Samriddhi”.
Exam angle
- Full forms: NCEL and APEDA; governing Act: Multi-State Cooperative Societies Act, 2002.
- Slogan linked to NCEL: Sahakar se Samriddhi.