PM Modi lauds role of cooperatives in farmers’ welfare

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Prime Minister Narendra Modi with Union Ministers Amit Shah, Piyush Goyal and Arjun Munda through the inauguration and basis stone laying ceremony of a number of key initiatives for cooperative sector, in New Delhi, on February 24, 2024.
| Photo Credit: PTI

Cooperatives have the potential to sort out the private points of farmers with collective energy, Prime Minister Narendra Modi mentioned whereas inaugurating a number of key initiatives for the cooperative sector right here on Saturday. The Prime Minister inaugurated the pilot mission of “world’s largest grain storage plan” in cooperative sector, which is being executed in 11 Primary Agricultural Credit Societies (PACS) of 11 States. Mr. Modi additionally laid the muse stone for added 500 PACS throughout the nation for building of warehouses and different agriculture-related infrastructure below this initiative.

The Centre mentioned the initiative goals to combine PACS warehouses with the meals grain provide chain, fortifying meals safety and fostering financial improvement in the nation with a collaborative effort supported by NABARD and spearheaded by the National Cooperative Development Corporation. He additionally launched a mission for computerisation in 18,000 PACS throughout the nation.

“The energy of cooperation has an enormous role in strengthening the muse of agriculture and farming, this has led to a separate Ministry for Cooperation,” he mentioned including that the brand new storage plan will outcome in 1000’s of warehouses and godowns in each nook of the nation. “This and different tasks like computerisation of PACs will give new dimensions to agriculture and modernise farming in the nation,” he hoped.

He mentioned the spirit of cooperatives is past the boundaries of programs and assets and produces distinctive outcomes. “The advantages of cooperatives at the moment are reaching fishermen and pushupalaks additionally. More than 25,000 cooperative items are purposeful in the fishery sector,” he mentioned underlining that cooperatives have the potential to sort out the private points of farmers with collective energy and gave the instance of storage.

He requested the cooperatives to record the gadgets for which the nation depends on import and discover how the cooperative sector can assist with producing them regionally and gave examples of edible oil and ethanol that may scale back dependence on edible oil imports for vitality wants. “Many manufacturing items may also be taken up by the cooperatives,” he mentioned.

Union Minister for Home Affairs and Cooperation Amit Shah, Union Minister for Agriculture Arjun Munda, and Union Minister for Commerce Piyush Goyal have been additionally current on the event.

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