Question
Which ministry has set up the Bhartiya Beej Sahkari
Samiti Limited (BBSSL)?Solution
Ministry of Cooperation Establishes Bhartiya Beej Sahkari Samiti Limited (BBSSL) Key Details - Formation: - Established under the Multi-State Cooperative Societies (MSCS) Act, 2002. - Promoted by IFFCO, KRIBHCO, NAFED, NDDB, and NCDC. - Financial Overview: - Initial paid-up capital: ₹250 Crores (₹50 Crores from each promoter). - Authorized share capital: ₹500 Crores. Objectives of BBSSL - Seed Production and Distribution: - Focus on quality seed production, procurement, and distribution under a single brand via cooperatives. - Aims to improve crop yield and preserve indigenous natural seeds.
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