Ministry of Cooperation on sets up National Cooperative Organics Limited (NCOL) and Bharatiya Beej Sahakari Samiti Limited (BBSSL) under Multi-State Cooperative Societies (MSCS) Act, 2002

The Ministry of Cooperation on 09 August 2023 has published that it has set up National Cooperative Organics Limited (NCOL) and Bharatiya Beej Sahakari Samiti Limited (BBSSL) under Multi-State Cooperative Societies (MSCS) Act, 2002. These societies aim at promoting organic farming and improving use of qualityand certified seeds, respectively, in the country through the network of cooperatives.

Bharatiya Beej Sahkari Samiti Limited will help in increasing the production of quality seeds in India through cooperatives thereby reducing the dependence on imported seeds, enhancing agriculture production and provide boost to rural economy. All cooperative societies from the level of primary to apex, are eligible to become its member.

The society will focus on production, testing, certification, procurement, processing, storage, branding, labelling and packaging of all three generations of seeds i.e. breeder, foundation and certified through PACS by leveraging various schemes and policies of different ministries of Government of India. This will also help in achieving the goal of “Sahakar-se-Samriddhi” through the inclusive growth model of cooperatives, where the members would benefit both by realization of better prices through production of quality seeds, higher production of crops by use of High Yielding Variety (HYV) seeds and also by dividend distributed out of the surplus generated by the society.

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