30.8 C
Delhi
Wednesday, September 30, 2020

Agro sector in N-E India crucial for post Covid economy: Minister

- Advertisement -

Minister-of-State-in-PMO-Jitendra-SinghNew Delhi, Aug 26 (IANS) Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER) Jitendra Singh said on Wednesday that the agro sector in the Northeast region is crucial for the post Covid economy of India.

Interacting with North Eastern Regional Agricultural Marketing Corporation Limited (NERAMAC) officials and groups of farmers through video conference, Singh said that many business houses are looking at the Northeastern region to exploit its vast agro-farming resources and “we should not miss this opportunity”.

He said that lucrative offers for setting up industries like fruit concentrates and fruit juice plants have been received and the same can be executed at the earliest.

The minister asked NERAMAC to become a profitable enterprise in the post Covid era by identifying unique products and through their branding and sale in markets outside the Northeastern region to the rest of India.

He also asked NERAMAC to come out with a roadmap for the same within a week.

Singh said that supporting the farmers at this crucial junction will be a win-win arrangement for NERAMAC, farmers’ organisations, Northeastern region and the whole of India.

He said the Centre is forthcoming, the society is ready, the country is yearning for change and business houses are keen to invest in the Northeastern agro farming sector in a big way.

The Minister expects that it will certainly help in the post Covid economic recovery of India.

Referring to the abundance of fresh and exotic fruits, spices and other unique agro products like black rice, the minister said that NERAMAC should become a hub of the agri-horti sector in the region and help farmers enhance their income.

He praised NERAMAC for helping the farmers through procurement during the lockdown period and thus avoiding distress sales, but asked the organisation to scale up their operations.

Singh also noted with optimism that the turnover of NERAMAC has increased from Rs 2 crore in 2018-19 to Rs 20 Crore in 2019-20 and asked it to achieve a target of Rs 200 crore in the next five years.

Source: IANS

India Updates
India Updates is an independent news & Information website. Follow us for regular updates on News and Information.

Follow Us On

Related News

Huawei ‘P Smart 2021’ smartphone with Kirin 710A chip launched

Beijing, Sep 30 (IANS) Chinese tech giant Huawei has introduced a new mid-range smartphone 'P Smart 2021' with a modest chipset, 48MP primary camera...

RBI extends interim relaxations in WMA limits, OD regulations

New Delhi, Sep 30 (IANS) The Reserve Bank of India (RBI) has extended the interim relaxations it made for the state governments earlier this...

Rajnath launches startup challenge to promote self-reliance in defence sector

New Delhi, Sep 29 (IANS) Union Defence Minister Rajnath Singh on Tuesday launched a startup challenge to achieve self-reliance in the military sector under...

Xiaomi’s Mi India forays into smart home category in India

New Delhi, Sep 29 (IANS) Xiaomi subsidiary Mi India on Tuesday forayed into the smartwatch and smart speaker categories, along with launching other affordable...

Profit booking, global cues subdue markets, banking stocks fall

Mumbai, Sep 29 (IANS) Profit booking, along with volatile global cues, subdued the Indian equity markets on Tuesday, with both the BSE Sensex and...

Digital transformation top priority for 9 in 10 large firms: TCS

New Delhi, Sep 29 (IANS) While 68 per cent of companies have seen revenue declines amid the pandemic, nine out of 10 large enterprises...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Topics In India

Covid 19 India Updates

Serum Institute to manufacture 200mn doses of Covid-19 vaccine

New Delhi, Sep 29 (IANS) A further collaboration among the Serum Institute of India (SII), the world's largest vaccine manufacturer by volume, Gavi...

Serum Institute to manufacture 200mn doses of Covid-19 vaccine

New Delhi, Sep 29 (IANS) A further collaboration among the Serum Institute of India (SII), the world's largest vaccine manufacturer by volume, Gavi...

87million were likely exposed to Covid-19, 1 in 15 had antibodies

New Delhi, Sep 29 (IANS) The key findings of the second round of sero-survey conducted by the Indian Council of Medical Research (ICMR) suggested...

Health ministry launches web portal for COVID-19 vaccine updates

New Delhi, Sep 28 (PTI) The Union Health Ministry on Monday launched a web portal that will provide all important information on COVID-19, vaccine...

Dependence of global supply chain on single source exposed: PM Modi

New Delhi, Sep 28 (PTI) The coronavirus pandemic has shown the risk involved in excessive dependence of the global supply chain on any single...

Over 3,000 vaccinated against coronavirus in Moscow

Moscow, Sep 28 (IANS) More than 3,000 people in Moscow have been vaccinated against the novel coronavirus, the media has reported."More than 3,000 volunteers...

Trending News In India

Samsung India launches affordable 10.2 inch Galaxy Tab A7

Gurugram, Sep 29 (IANS) To cater to the growing demand for tablets with bigger screens for online work and learning, Samsung on Monday launched...

RBI extends interim relaxations in WMA limits, OD regulations

New Delhi, Sep 30 (IANS) The Reserve Bank of India (RBI) has extended the interim relaxations it made for the state governments earlier this...

Rajnath launches startup challenge to promote self-reliance in defence sector

New Delhi, Sep 29 (IANS) Union Defence Minister Rajnath Singh on Tuesday launched a startup challenge to achieve self-reliance in the military sector under...

Xiaomi’s Mi India forays into smart home category in India

New Delhi, Sep 29 (IANS) Xiaomi subsidiary Mi India on Tuesday forayed into the smartwatch and smart speaker categories, along with launching other affordable...

Profit booking, global cues subdue markets, banking stocks fall

Mumbai, Sep 29 (IANS) Profit booking, along with volatile global cues, subdued the Indian equity markets on Tuesday, with both the BSE Sensex and...

Digital transformation top priority for 9 in 10 large firms: TCS

New Delhi, Sep 29 (IANS) While 68 per cent of companies have seen revenue declines amid the pandemic, nine out of 10 large enterprises...

Trending Showbiz

NCB seizes phones of Deepika, Rakul, Simone, Karishma in drugs case

Mumbai, Sep 26 (IANS) The Narcotics Control Bureau (NCB), which quizzed Bollywood actors Rakul Preet Singh, Deepika Padukone, her former manager Karishma Prakash, and...

NCB quizzes Deepika, Sara, Shraddha in drug case related to SSR death

Mumbai, Sep 26 (IANS) The Narcotics Control Bureau (NCB) on Saturday questioned Bollywood divas Deepika Padukone, Sara Ali Khan, Shraddha Kapoor for several hours...

‘CBI delay in converting abetment to suicide to murder frustrating’

Mumbai, Sep 25 (IANS) Vikas Singh, family lawyer of late actor Sushant Singh Rajput, on Friday stated that the delay being by Central Bureau...

NCB questions Rakul, Deepika’s ex-manager, Dharma Productions honcho

Mumbai, Sep 25 (IANS) The Narcotics Control Bureau (NCB) on Friday is questioning Bollywood actor Rakul Preet Singh, Dharma Productions executive producer Kshitij Ravi...

Famed singer S.P. Balasubrahmanyam succumbs to Covid-19

Chennai, Sep 25 (IANS) Famed playback singer and Padma awardee S.P. Balasubrahmanyam, or popularly SPB or Balu in the movie world and who has...

Trending Sports

Kohli wins Super Over thriller for RCB, Kishan’s 99 in vain

Dubai, Sep 29 (IANS/GloFans) In yet another roller-coaster contest, Royal Challengers Bangalore (RCB) edged out Mumbai Indians (MI) in a Super Over tie-breaker - the...

ICC gets recognition for two digital initiatives in Leaders in Sports Awards

Dubai, Sep 28 (PTI) The International Cricket Council (ICC) has been recognised for its twin digital initiatives at the prestigious Leaders in Sports Awards...

Played nearly 500 games, can speak to any player says Ganguly

Kolkata, Sep 28 (PTI) His nearly "500 international match experience" gives him the right to speak and guide any player "be it Shreyas Iyer...

Went through rigorous physical, mental transformation for 1996 Olympics, says Paes

New Delhi, Sep 28 (IANS) The year was 1996 and no Indian had won an individual medal at the Olympics 44 years prior to...

Sensational Tewatia hits five sixes in an over as RR defeats KXIP

Sharjah, Sep 28 (PTI) Rahul Tewatia struck five sixes in an over at the fag end of the match as Rajasthan Royals recorded the...

Gill stars as clinical KKR thrash SRH by 7 wkts

Abu Dhabi, Sep 27 (IANS/GloFans) Opener Shubhman Gill's unbeaten 70-run knock along with Eoin Morgan's 42 not out guided Kolkata Knight Riders (KKR) to...

Latest Trending News In India

Huawei ‘P Smart 2021’ smartphone with Kirin 710A chip launched

Beijing, Sep 30 (IANS) Chinese tech giant Huawei has introduced a new mid-range smartphone 'P Smart 2021' with a modest chipset, 48MP primary camera...

RBI extends interim relaxations in WMA limits, OD regulations

New Delhi, Sep 30 (IANS) The Reserve Bank of India (RBI) has extended the interim relaxations it made for the state governments earlier this...

Rajnath launches startup challenge to promote self-reliance in defence sector

New Delhi, Sep 29 (IANS) Union Defence Minister Rajnath Singh on Tuesday launched a startup challenge to achieve self-reliance in the military sector under...

Xiaomi’s Mi India forays into smart home category in India

New Delhi, Sep 29 (IANS) Xiaomi subsidiary Mi India on Tuesday forayed into the smartwatch and smart speaker categories, along with launching other affordable...

Profit booking, global cues subdue markets, banking stocks fall

Mumbai, Sep 29 (IANS) Profit booking, along with volatile global cues, subdued the Indian equity markets on Tuesday, with both the BSE Sensex and...