Ajay Kumar IOFS appointed as CVO- NAFED
Shri Ajay Kumar IOFS (2015) has been appointed as CVO- National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED), Delhi under the Department of Agriculture and Farmers Welfare for an initial period of 3 years.
The National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) is a premier cooperative organization established in 1958 to promote the marketing of agricultural produce across India. It operates under the administrative control of the Ministry of Agriculture and Farmers Welfare and plays a vital role in supporting farmers by ensuring fair prices and efficient market access.
NAFED’s primary objective is to facilitate the procurement, distribution, and export of agricultural commodities. It is one of the key agencies involved in implementing the Price Support Scheme (PSS), under which it procures crops like pulses, oilseeds, and onions from farmers at Minimum Support Price (MSP) to protect them from price fluctuations.
The organization also engages in buffer stock operations to stabilize prices in the market, especially for essential commodities. Additionally, NAFED promotes cooperative marketing, provides warehousing and storage facilities, and supports farmers’ cooperatives and Farmer Producer Organizations (FPOs).
NAFED has played a significant role in enhancing agricultural trade, both domestically and internationally, by exporting commodities and strengthening supply chains. It also undertakes initiatives for value addition, processing, and branding of agricultural products.
Overall, NAFED serves as a crucial link between farmers and markets, contributing to agricultural sustainability, price stability, and rural economic development in India.
Indian Bureaucracy News wishes Shri Ajay Kumar the very best.