Amit Shah reviews NCEL, NCOL and BBSSL; sets ₹2 lakh crore export target for NCEL
Union Cooperation Minister Amit Shah reviewed the national cooperative societies NCEL, NCOL and BBSSL in New Delhi on 3 May 2025 and set a ₹2 lakh crore export target for NCEL.
Summary
Union Minister of Cooperation Amit Shah reviewed the progress of National Cooperative Exports Limited (NCEL), National Cooperative Organics Limited (NCOL) and Bharatiya Beej Sahkari Samiti Limited (BBSSL), formed in 2023, at a meeting in New Delhi on 3 May 2025. He set a target of ₹2 lakh crore in exports for NCEL and asked it to explore three new products not currently exported from India. He set NCOL a turnover target of more than ₹300 crore in FY 2025-26; NCOL has enrolled more than 7,000 cooperatives. A BBSSL centre at Kalol, Gujarat will develop high-yielding, short-duration, low-water varieties of crops such as pigeon pea, black gram and maize.
Key facts
- Date
- 3 May 2025, New Delhi
- Bodies
- NCEL, NCOL, BBSSL (formed 2023)
- NCEL target
- ₹2 lakh crore exports
- NCOL target
- Turnover above ₹300 crore in FY 2025-26
- BBSSL
- Centre at Kalol, Gujarat for improved seed varieties
Practice MCQs 2 questions
What export target did Amit Shah set for National Cooperative Exports Limited (NCEL) in May 2025?
Show answer
Correct answer: B — ₹2 lakh crore
He set an ambitious target of ₹2 lakh crore in exports by NCEL.
Consider the following statements about the national cooperative bodies reviewed on 3 May 2025: 1. NCOL was set a turnover target of more than ₹300 crore for FY 2025-26. 2. A BBSSL centre at Kalol, Gujarat will develop improved varieties of crops such as pigeon pea, black gram and maize. Which of the statements given above is/are correct?
Show answer
Correct answer: C — Both 1 and 2
Both are correct, as per the Ministry of Cooperation release of 3 May 2025.