Co-operatives sector backed by Govt to foster development in agriculture
 Source : News Bharati English  Date : 11-Feb-2017

Patna, February 11: Union Agriculture & Farmers Welfare Minister Radha Mohan said that the present government of the centre is committed to the development and strengthening of the cooperatives. Radha Mohan has said that cooperative societies have provided inputs like credit, fertilizer, seed etc and have established themselves in many fields of Indian economy. Radha Mohan has said this at Golden Jubilee celebrations of Cooperative Institution, IFFCO.Radha Mohan said, the government has formed NCDC keeping in view of the importance of cooperatives in rural economy and it caters to the several dimensions and necessity of the cooperatives. He has said that IFFCO came into existence with only 57 cooperative societies in the year 1967-68 but, today, it is one of the largest cooperative societies of India. Now, it has more than 36,000 cooperative societies.Embeded ObjectHe said that there are more than 249 million of members of cooperatives in India in which 6.10 lakh cooperative societies and more than 71% rural families are the members of the cooperatives. Cooperatives have provided direct and indirect employment to about 23.86 millions of people.

Singh hoped on this occasion that the production of the farmers will increase from the profitable schemes of IFFCO and it will help to get them additional income. The Minister said that cooperative societies should be made strong democratically and by providing occupational services to the farm labourers, we will have to make the rural people strong.