NCEL (Syllabus: GS Paper 3 – Economy)

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Context: Union Home Minister and Minister of Cooperation recently addressed the 'National Symposium on Cooperative Exports' organised by the National Cooperative Exports Limited (NCEL) in New Delhi.

India's first multi-state cooperative society for exports, the National Cooperative Export Limited (NCEL), will promote the country's organic products and share half its returns with farmers.

National Cooperative Export Limited (NCEL)

Established as an overarching body for cooperative sector exports, the NCEL has achieved remarkable success by securing orders worth Rs 7,000 crore.
Emphasising the importance of the cooperative sector in boosting exports, the Union Minister of Cooperation highlighted that around 50% of export earnings would directly benefit farmers through NCEL.
Objectives of NCEL: NCEL was established with several objectives, including boosting exports, especially in the agricultural sector, fostering prosperity among farmers, promoting changes in crop patterns, and enabling 2 crore farmers to practice natural farming by 2027.

oOne of NCEL's objectives is to strengthen the cooperative sector, which plays a crucial role in India's economy, contributing to 15% of GDP and employing 60% of the population.

Natural Farming: Natural Farming is a chemical-free farming system rooted in Indian tradition enriched with modern understanding of ecology, resource recycling and on-farm resource optimization.

oIt is largely based on on-farm biomass recycling with major stress on biomass-mulching, use of on-farm cow dung-urine formulations; maintaining soil aeration and exclusion of all synthetic chemical inputs.

oNatural farming is expected to reduce dependency on purchased inputs. It is considered as a cost- effective farming practice with scope for increasing employment and rural development.

Natural Farming Initiatives: Prime Minister of India initiated several projects to promote natural farming in India, such as a multistate cooperative society for selling organic products globally, aiming to provide higher prices to farmers and enhance their prosperity.

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