Union Cabinet approves formation Took three major decisions in the area of cooperatives?

Bhupender Yadav, Union Minister for Environment, Forest and Climate Change, announced the Union Cabinet’s most recent decisions in New Delhi. Photo Credit: PTI

During the Cabinet Briefing in New Delhi, Union Minister Bhupender Yodav announced that the Union Cabinet had approved the creation of three new cooperative society. These societies will be focused on the availability of seeds to farmers, organic farming, and exports which will benefit farmers.

This decision was made at the meeting of Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister NarendraModi.

Cooperatives that are linked to farmers, farmers income and agricultural production are an important part rural India. Today’s Cabinet took three major decisions in the area of cooperatives,” stated Mr. Yadav.

He noted that the Cabinet approved the establishments of the National Export Society and National Cooperative Society for Organic Products, as well as the National Level Multi-state Seed Cooperative Society.

He said that cooperative societies would help realize the vision of “Sahakar Se Samriddhi”, which is prosperity through cooperatives, and will boost rural growth as well as farmers’ income.

To promote digital payments, the Cabinet approved an incentive program with an expenditure of Rs2,600 crore.

The principle has been approved for the renaming of Kolkata’s The National Centre for Drinking Water, Sanitation & Quality to Dr. Syama Prasad Mukherjee National Institute of Drinking Water and Sanitation.

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