Maharashtra Farmer Producers in JV with Nafed for onion procurement

Date posted: Tuesday 30 April 2019

Maharashtra Farmer Producers Company (MahaFPC), the apex body of farmer producer companies in the state, has entered into a joint venture with the National Agricultural Cooperative Marketing Federation (Nafed) to develop a value chain for onion procurement. The project involves developing the storage infrastructure and marketing channels for onion in the state. The `25-crore project will see the government investing 50% while the rest will be raised by Nafed and FPCs.

(Financial Express)