Perhaps for the first time, the Union cabinet on Wednesday approved the setting up of three new national-level multi-state cooperative societies to promote organic products, seeds, and exports.
The national-level cooperative organic society, cooperative seed society, and cooperative export society will be registered under the Multi-State Cooperative Societies (MSCS) Act, 2002.
"The cooperatives sector plays a pivotal role in creating a stronger economy and furthering rural development. In this context, the Cabinet has taken a crucial decision which will further our vision of 'Sahakar Se Samriddhi'," Modi said in a tweet.
Briefing media about the cabinet decisions, Union Minister Bhupender