National Federation of Cooperative Sugar Factories Limited

National Federation of Cooperative Sugar Factories Limited was established in 1960 to build a strong and vibrant co-operative sugar sector in India. Read more about National Federation of Cooperative Sugar Factories Limited, Latest News.

BhadraNational Federation of Cooperative Sugar Factories Limitedkali Inscription

National Federation of Cooperative Sugar Factories Limited Latest News

Recently, the National Cooperative Sugar Federation sought government intervention amid falling sugar prices.

About National Federation of Cooperative Sugar Factories Limited

  • It was established in 1960 to build a strong and vibrant co-operative sugar sector in India. 

Genesis of National Federation of Cooperative Sugar Factories Limited

  • It was registered as a Multi-Unit Cooperative Society on December 2, 1960 under the provisions of Bombay Cooperative Societies Act 1925.
  • In 1972, it was deemed to be under The Delhi Cooperative Societies Act 1972 and later under the Multi State Cooperative Societies Act 1984.
  • Since 2002, NFCSF has been deemed to be under the Multi State Cooperative Societies Act, 2002.

Functions of National Federation of Cooperative Sugar Factories Limited

  • It participates in sugar policy formulation at national and state level and helps set an agenda for the development and growth of the sector in India.
  • It advocates, promotes and safeguards the collective interests of its members in accordance with the cooperative principles.
  • The NFCSF also offers Techno-commercial services to establish, expand and modernize sugar factories, within India and Overseas.
  • Governance: It functions under the overall guidance of an elected Board of Directors, composed of representatives of Cooperative Sugar Factories and State Sugar Federations across India. 

Source: News On Air

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National Federation of Cooperative Sugar Factories Limited FAQs

Q1. What is the primary objective of NFCSF?+

Q2. What is the role of NFCSF in the sugar industry?+

Q3. When was NFCSF established?+

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