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SFCI and NSC amalgated: Ministry of Agriculture
Dec 27, 2013

The Union Cabinet has passed the proposal of the Department of Agriculture, Ministry of Agriculture to amalgamate State Farms Corporation of India (SFCI) with National Seeds Corporation (NSC), both wholly owned (100% share) Public Sector Undertakings under this Department. The amalgamated entity will serve the interest of the farmers and the changing requirements of the Indian agricultural sector in a more effective way.

Both the entities will use their combined assets and capital for increased production of quality seeds for the farmers. Their combined turnover would increase from Rs.1180 crore to Rs. 2046 crore by the year 2017 and Rs. 3112 crore by the year 2020. This effort will ensure last mile availability of seeds at economical price for a large number of subsistence farmers in India.


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