Business Standard

Friday, December 20, 2024 | 12:22 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Cabinet nod for setting up of three new multi-state cooperative societies

It will develop a system for the preservation and promotion of indigenous natural seeds through various cooperative societies across the country with support from relevant ministries

Bhupender Yadav, Union Minister of Environment, Forest, and Climate Change
Premium

There are about 8.5 lakh registered cooperative societies in the country with 29 crore members

Sanjeeb MukherjeeAgencies New Delhi
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in