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Welcoming Shah: Massive preparations afoot; ICA Prez to join

Welcoming Shah: Massive preparations afoot; ICA Prez to join
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Nafed gives cash prize and citation to performers

Nafed which created history of sorts by achieving an unprecedented growth despite Covid conditions, honoured its performers for their exemplary work during the 63rd AGM held Wednesday in Delhi.
Several of Nafed staff members including their MD Sanjeev Kumar Chadha were given cash awards along with citations. The Nafed Board which sat just before the AGM recommended a cash award of Rs 51 lacs to MD Chadha.
Recounting the MD’s contribution in resurrecting Nafed from deathbed, its Chairman Bijender Singh lauded his role.
Raghuvansi, one of the former Nafed Directors from Madhya Pradesh was also felicitated for retrieving nine acres of Nafed land from encroachers. He also received a cheque of Rs 1 lakh. ....

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Nafed creates history of sorts; doles out 20% dividend

In less than four years of reconstruction and rebuilding, the agri co-operative Nafed created history by announcing 20 per cent dividends at its 63rd Annual General Meeting held at NCUI headquarters in Delhi on Wednesday.
Nafed shareholders, who were a depressed lot till yesterday were in for a pleasant shock when Chairman Bijender Singh announced the good news in his own inimitable style. Cheering him on were all the Board Directors on the dais and led by senior co-operator Chandra Pal Singh.
Thanking the delegates for braving Corona scare to participate in the AGM, Bijender Singh said “NAFED has been generating profits for the last three years now accumulating to Rs.670 crore, which is a remarkable achievement which was possible with support from all concerned and various new initiatives taken by NAFED during these years.” ....

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