Posted On: 25 MAR 2026 4:50PM by PIB Delhi As per the bye-laws of National Co-operative Exports Limited (NCEL), there is a provision to distribute dividend to its members out of the net profit of the Society. Clause 55(2)(a) of the Bye laws provides that, after mandatory statutory appropriations, the Society may pay dividend to members on the face value of their paid-up share capital at a rate up to 20%, as recommended by the Board and approved by the General Body. Further, clause 58 lays down the manner of dividend payment, eligibility, and handling of unpaid dividends. Bharatiya Beej Sahakari Samiti Limited (BBSSL) provides benefits in addition to dividends to its member cooperative societies as under: 1. Payment of service charges to member cooperative societies for seed production, processing, and marketing undertaken through BBSSL. 2. The procurement of seed is done at the price which is higher of the following: (i) Minimum Support Price (MSP) plus 10% (ii) Price fixed by State Seed Corporation (iii) Model price of Mandi. 3. The following benefits are provided to the member cooperative societies marketing the BBSSL products: (i) No security deposit is collected. (ii) 10 to 18% Trade margin (discount) is provided. 4. Training, education, and technical guidance provided to farmers on scientific seed production, crop agronomy, and best agricultural practices at free of cost. BBSSL does not provide additional benefits to its member farmers in the form of any specific incentive schemes or bonuses. This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha. ****** AK/AP (Release ID: 2245133) Visitor Counter : 239 Read this release in: Urdu , हिन्दी Ministry of Cooperation Benefits To Members of NCEL and BBSSL Posted On: 25 MAR 2026 4:50PM by PIB Delhi As per the bye-laws of National Co-operative Exports Limited (NCEL), there is a provision to distribute dividend to its members out of the net profit of the Society. Clause 55(2)(a) of the Bye laws provides that, after mandatory statutory appropriations, the Society may pay dividend to members on the face value of their paid-up share capital at a rate up to 20%, as recommended by the Board and approved by the General Body. Further, clause 58 lays down the manner of dividend payment, eligibility, and handling of unpaid dividends. Bharatiya Beej Sahakari Samiti Limited (BBSSL) provides benefits in addition to dividends to its member cooperative societies as under: 1. Payment of service charges to member cooperative societies for seed production, processing, and marketing undertaken through BBSSL. 2. The procurement of seed is done at the price which is higher of the following: (i) Minimum Support Price (MSP) plus 10% (ii) Price fixed by State Seed Corporation (iii) Model price of Mandi. 3. The following benefits are provided to the member cooperative societies marketing the BBSSL products: (i) No security deposit is collected. (ii) 10 to 18% Trade margin (discount) is provided. 4. Training, education, and technical guidance provided to farmers on scientific seed production, crop agronomy, and best agricultural practices at free of cost. BBSSL does not provide additional benefits to its member farmers in the form of any specific incentive schemes or bonuses. This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha. ****** AK/AP (Release ID: 2245133) <span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">As per the bye-laws of National Co-operative Exports Limited (NCEL), there is a provision to distribute dividend to its members out of the net profit of the Society. Clause 55(2)(a) of the Bye laws provides that, after mandatory statutory appropriations, the Society may pay dividend to members on the face value of their paid-up share capital at a rate up to 20%, as recommended by the Board and approved by the General Body. Further, clause 58 lays down the manner of dividend payment, eligibility, and handling of unpaid dividends.</span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Bharatiya Beej Sahakari Samiti Limited (BBSSL) provides benefits in addition to dividends to its member cooperative societies as under: </span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">1. Payment of service charges to member cooperative societies for seed production, processing, and marketing undertaken through BBSSL. </span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">2. The procurement of seed is done at the price which is higher of the following: </span></span></p> <p style="margin-left:40px; margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">(i) Minimum Support Price (MSP) plus 10%</span></span></p> <p style="margin-left:40px; margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">(ii) Price fixed by State Seed Corporation </span></span></p> <p style="margin-left:40px; margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">(iii) Model price of Mandi. </span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">3. The following benefits are provided to the member cooperative societies marketing the BBSSL products: </span></span></p> <p style="margin-left:40px; margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">(i) No security deposit is collected. </span></span></p> <p style="margin-left:40px; margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">(ii) 10 to 18% Trade margin (discount) is provided. </span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">4. Training, education, and technical guidance provided to farmers on scientific seed production, crop agronomy, and best agricultural practices at free of cost. </span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">BBSSL does not provide additional benefits to its member farmers in the form of any specific incentive schemes or bonuses. </span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">This information was given by Union Minister for Home and Cooperation Shri Amit Shah in a written reply in Rajya Sabha.</span></span></p> <p style="margin-left:0cm; margin-right:-2.4pt; text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">******</span></span></p> <p style="margin-right:-2.4pt; text-align:justify"><strong><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">AK/AP</span></span></strong></p> " /> var mPlayer = document.getElementById("background_music"); 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Benefits To Members of NCEL and BBSSL
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pib.gov.in · PRID 2245133
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pib.gov.in · PRID 2245133