The investment in Plant & Machinery up to which among the following amounts in India is called a Tiny Unit? (IFFCO 2022)

• NAFED (National Agricultural Cooperative Marketing Federation of India Ltd.) is the correct answer. Here's why it's the apex co-operative organization at the national level:
-Focus on Agricultural Marketing: NAFED plays a crucial role in promoting the cooperative marketing of agricultural produce to benefit farmers across India.
-National Level Organization: It operates at the national level, coordinating and facilitating the activities of various cooperative societies involved in agricultural marketing.
-Support to Farmers: NAFED provides farmers with better prices for their produce, storage facilities, and access to markets.
-Price Stabilization: It helps stabilize market prices of agricultural commodities by undertaking procurement operations and maintaining buffer stocks.

📌 Other Options Explanations:
-RRBs (Regional Rural Banks): Focus on providing credit and banking services in rural areas.
-FCS (Food Corporation of India): A government-owned corporation responsible for food grain procurement, storage, and distribution.
-TRIFED (Tribal Cooperative Marketing Development Federation of India): Focuses on the marketing and development of tribal products.

🔑Key Points:
-National Agricultural Cooperative Marketing Federation of India Ltd.(NAFED) was established 2nd October 1958.
-NAFED operates with its headquarters at New Delhi 
-It is registered under the Multi State Co-operative Societies Act.
-It was setup with the object to promote Co-operative marketing of Agricultural Produce to benefit the farmers.
-Agricultural farmers are the main members of NAFED, who have the authority to say in the form of members of the General Body in the working of NAFED.