The North Eastern Regional Agricultural Marketing Corporation Ltd. (NERAMAC), a Central Public Sector Enterprise under the Ministry of Development of North Eastern Region (DoNER), has been instrumental in driving agricultural and horticultural growth in the North Eastern Region (NER) of India. By facilitating the marketing of produce and offering support to small entrepreneurs, NERAMAC has played a vital role in uplifting the agricultural sector and ancillary activities in the region.
In the fiscal year 2022-23, NERAMAC’s initiatives bore fruit, benefitting 101 farmers and entrepreneurs from Tripura alone. Notably, a total of 6,794 farmers and entrepreneurs from across the North Eastern Region reaped the rewards of NERAMAC’s diverse activities during the previous fiscal year. This information was shared by Union Minister G. Kishan Reddy of the Ministry of DoNER, in a written response in the Rajya Sabha on Thursday.
A significant testament to NERAMAC’s impact is reflected in the value of agricultural and horticultural products marketed during the 2022-23 fiscal year. The total worth of Tripura’s agricultural and horticultural produce marketed by NERAMAC stood at Rs 22.11 lakh, a marked increase from Rs 6.45 lakh in 2020-21 and Rs 6.60 lakh in 2021-22.
Further elaborating on NERAMAC’s achievements, Minister G. Kishan Reddy highlighted the enterprise’s annual turnover. It surged from Rs. 14.60 crore in 2020-21 to Rs. 26.69 crore in 2021-22, reaching an impressive Rs. 110.62 crore in the 2022-23 financial year.
NERAMAC’s multifaceted initiatives encompass an array of crucial areas. These include the supply of agricultural inputs to the North Eastern States, marketing of Agriculture & Horticulture products, active participation in promotional events, project management for both Central and State Government Schemes, capacity building for farmers and entrepreneurs, and processing of agricultural and horticultural products.
The concerted efforts of NERAMAC are steering the agricultural landscape of the North Eastern Region towards growth, resilience, and sustainability. By empowering local farmers and entrepreneurs and facilitating the marketing of their products, NERAMAC is contributing significantly to the overall economic development of the region.
