Bhartiya Beej Sahkari Samiti Limited (BBSSL)

About Bhartiya Beej Sahkari Samiti Limited (BBSSL):

• It was set up under the Multi-State Cooperative Societies (MSCS) Act, 2002. 
• It is promoted by IFFCO, KRIBHCO, NAFED, National Dairy Development Board (NDDB) and NCDC. 
• The initial paid up capital of BBSSL is Rs. 250 Cr with contribution of Rs. 50 Cr each by the five promoters and authorized share capital is Rs. 500 Cr. 
• Functions

• It will undertake production, procurement & distribution of quality seeds under a single brand through a network of cooperatives to improve crop yield and develop a system for preservation and promotion of indigenous natural seeds. 
• It will help in increasing the seed replacement rate, and varietal replacement rate by ensuring the role of farmers in production of certified seeds. 
• This society will focus on production, testing, certification, procurement, processing, storage, branding, labelling and packaging of two generations of seeds i.e. foundation and certified through Primary Agricultural Credit Societies (PACS) by leveraging various schemes and policies of different ministries of Government of India.

Nodal agency: Ministry of Cooperation.