The Narendra Modi government at the Center has decided to form three new cooperative societies to promote organic products, seeds and exports. National level Cooperative Organic Society, Cooperative Seed Society and Registration of cooperative export society will be done. , 29 After one year, the decision was taken to form three new multi-cooperative societiesPrime Minister Narendra Modi Said in a tweet, the cooperative sector plays an important role in building a strong economy and furthering rural development. In this context, the cabinet has taken an important decision, which will take forward our vision of ‘Saharkar se Samriddhi’. Union Minister for Labor and Employment, Environment, Forest and Climate Change Bhupendra Yadav said after the cabinet meeting that cooperatives are an important part of rural India and the cabinet After a year, an important decision has been taken to form three new multi-cooperative societies. .

1984 was implemented in MULTI-STATE CO-OPERATIVE SOCIETIES ACT

MULTI-STATECOOPERATIVE SOCIETY ACT980 was implemented. TRIFED (Tribal Co-operative Marketing Development Federation of India) under this law in the year 1984 Ltd.) was established as a national level co-operative society.

There are about 8.5 lakh registered cooperative societies in the country

There are about 8.5 lakh registered cooperative societies in the country in which 01 crore members. Establishment of these three national level cooperative societies will lead to rural development. According to the ministry, the proposed cooperative organic society will help unlock the demand and consumption potential of organic products in the domestic and global markets. It will help cooperatives and ultimately their farmer members to get the benefit of higher price of organic products through large scale aggregation, branding and marketing by facilitating testing and certification at affordable cost.

Narendra ModiCooperative cabinet central meetingPublished Date

Wed, Jan 11, 2023, 8: 05 PM IST