Welcoming delegates on the occasion of the 13th AGM of agri cooperative, NACOF at the NCUI Board room on Saturday, the founding Chairman Ramiqbal Singh announced that NACOF has achieved a sales turnover of Rs.3,673 crores and has earned a net profit of Rs.13.07 crores after tax in the year 2021-22.
Listing diversification and fruitful engagements with several state govts for a variety of services, Ramiqbal Singh said that Nacof is today at the vanguard of many of govt schemes, be it skill development, formation of FPOs or seed production, organic farming, procurement of grains, export of rice to foreign countries etc.
Besides delegates from across the country, several prominent persons including BJP senior leader Sanjay Joshi and Sahakar Bharati President D N Thakur were present on this occasion.
Small Farmers Agri-Business Consortium (SFAC) and NAFED have allotted NACOF some of the States for formation & promotion of FPOs under the Central Sector Scheme, apart from earlier allotted work which will enable NACOF to have a direct link with the farmers/producers, informed Singh.
NAFED Agri-Bazar is regularly placing the orders with NACOF for the supply of consumable items under the IDS Scheme of the Government of U.P. Rajasthan State Cooperative Federation, Jaipur is also regularly placing their orders with NACOF for the supply of dry ration including Chikki (Gur Moongfali etc.) under the Mid-Day Meal Scheme of the State Government.
Recently, the Government of Gujarat has also nominated NACOF for the supply of fertilizer in the State Government Departments for onward distribution to the farmers. NACOF has also entered into transportation and distribution of food-grains under Pradhan Mantri Garib Kalyan Yojana (PMGKY) which has successfully been executed by NACOF.
While Haryana School Shiksha Parishad, Panchkula had placed orders for the supply of scientific items for the students, Nagaland govt has nominated NACOF for collection, conveyance and delivery of onion. Karnataka Residential Education Society, a State Govt. Body, are also placing their order for the supply of ready-to-eat items, vegetables, tea, suji etc.
NACOF has successfully executed supply of rice to Bangladesh and it is also executing the orders of
Recently, NACOF was selected for implementation of organic farming in Gajapati apart from Kalahandi under the HM Scheme. The project is being implemented successfully in association with its Business Associate. NACOF is running 25 branches mostly in the State Capitals which are fully functional and profitable.
Speaking on the occasion, D N Thakur said that the growth of NACOF proves that co-ops which are run efficiently, can grow even without any governmental support. Nacof is today operating at an efficiency level seen only in private enterprises, he added. Sanjay Joshi also wished all the best for NACOF’s future ventures.
S K Sharma anchored the events successfully.