World’s Largest Grain Storage Plan by Ministry of Cooperation
The United Nations system values the important role of cooperatives in social development. In 1995, the World Summit for Social Development held in Copenhagen recognized the importance of cooperatives in the people-centered approach to development and agreed to “utilize and develop fully the potential and contribution of cooperatives for the attainment of social development goals, in […]
Shah asks NABARD to fix targets for financing rural farm sector
Addressing the 42nd Foundation Day of NABARD in New Delhi, Mr Shah said, a country that has more than 65 percent rural population cannot be imagined without an institution like NABARD. The Cooperation Minister said, for the last four decades, NABARD has proved to be the backbone of this country’s rural economy, infrastructure, agriculture, and […]
Centre identifies 1.24 lakh panchayats to set up PACS
The Centre has identified over 1.24 lakh gram panchayats, where there is either no PACS or dairy cooperative or both, where it will accord top priority to facilitate setting up Multi-purpose Primary Agricultural Credit Societies (M-PACS) in the next two years. Out of 2,69,364 gram panchayats in the country, there were 96,405 panchayats where there […]
Tamil Nadu govt. to provide ₹15,500 cr. in crop and allied loans
The Tamil Nadu government will provide ₹14,000 crore in crop loans to farmers through co-operative societies in 2023-24, besides ₹1,500 crore for goat-rearing, dairy and poultry farming and fisheries, Minister for Agriculture and Farmers’ Welfare M.R.K. Panneerselvam said on Tuesday. The Minister, who presented the Agriculture Budget in the Assembly, announced the allocation of ₹500 […]
Govt to set up 2 lakh dairy co-operative societies in next 5 years
The Union Cabinet on Wednesday approved a blueprint for strengthening the co-operative movement and deepening its reach. Accordingly, two lakh new Primary Agriculture Credit Societies (PACS) and dairy-fishery co-operatives will be set up in villages and panchayats untapped by co-operatives over the next five years. At present, there are around 63,000 functional PACS out of […]
No panchayat would lack milk dairy society in next 5 years
Union Home Affairs Minister and Cooperation Minister Amit Shah on Saturday said that with the recently released Union Budget 2023-24, the Centre has made provisions and allocated adequete fund for the registration of over 2 lakh multi-dimensional Primary Agricultural Credit Societies (PACS). He said that the PACS have been created to ensure that there remains […]