Functions of MAMCO are listed below -
1. MARKET FACILITATION:
MAMCO assists in connecting farmers with potential buyers by organizing markets. fairs, and exhibitions. This helps in creating a direct link between producers and consumers, reducing the dependency on intermediaries and ensuring that farmers receive a fair price for their produce. MAMCO also had a vendors license. With this license MAMCO had open a wine shop from this wine shop MAMCO had earned a lot of profit and revenue for the Government also.
2. PRICE STABILIZATION:
By intervening in the market and purchasing agricultural products at fair prices, MAMCO helps in stabilizing prices and protecting farmers from the fluctuations of the open market. This intervention is crucial for crops like ginger, turmeric, and other high-value products grown in Mizoram.
3. SUPPORT SERVICES:
The corporation provides various support services including training, capacity building. and technical assistance to farmers. These services are aimed at improving agricultural practices, enhancing productivity, and ensuring the quality of the produce. MAMCO have also supplied rice to the State Government of Mizoram from 2022-2024 under Food and Civil Supply for the pupils of the state. i.e. family ration (quota).
3. PROMOTION OF EXPORTS:
MAMCO also focuses on promoting the export of agricultural products from Mizoram, tapping into national and international markets. By ensuring quality standards and certifications, MAMCO facilitates the entry of Mizoram agricultural products into global markets.
4. COLLABORATION AND PARTNERSHIPS:
To achieve its objectives, MAMCO collaborates with various stake holders including government departments, private companies, financial institutions, and research organizations. These collaborations are essential for pooling resources, sharing expertise, and driving innovations in agricultural market.
5. INFRASTRUCTURE DEVELOPMENT:
MAMCO is involved in the development and maintenance of infrastructure such as warehouses, cold storage facilities, construction of School i.e JNV Champhai JNV Mamit, KVS Lunglei (central direct funding under Human Resource Development HRD Ministry) Construction of Road side market under MM3 PROJECTS, construction of Skills Development Center at Lunglei and processing units. MAMCO Engineers were also attached to Commerce and Industries Department Govt. Of Mizoram and look after all the various construction work done by Commerce and Industries Dept. Also we have earned a lot of revenue for the State gove and Central Govt too.