Prime Minister Narendra Modi, while addressing a rally in Madha, emphasized Maharashtra’s pivotal role in fostering cooperatives, highlighting the state’s rich tradition of cooperative movements.
Modi underscored the significant strides made in the last decade, boasting the creation of over 10,000 Farmer Producer Organizations (FPOs) and the successful computerization of Primary Agricultural Credit Societies (PACS).
Looking ahead, Modi outlined an ambitious vision for the next five years, aiming to establish more than 2 lakh cooperative organizations across the country.
In his speech, Prime Minister Modi positioned the expansion of cooperative societies as a cornerstone of India’s rural economy, promising a renewed focus on cooperative initiatives if re-elected in the ongoing 2024 Lok Sabha elections.
He reminisced about the inception of his government in 2019, highlighting the establishment of a dedicated Ministry for Cooperation, signalling a paradigm shift in governance towards empowering cooperative movements.
Maharashtra emerged as a shining example of the cooperative revolution, with FPOs playing a pivotal role in bolstering the agricultural sector. The state’s FPOs have been lauded for their commendable work, ranging from facilitating online sales to venturing into exports, thus expanding the horizons for local farmers’ produce on a global scale.
Moreover, the computerization of PACS has further strengthened the support system for farmers, enabling easier access to various government schemes and services.
The Prime Minister’s announcement of the ambitious target of creating 2 lakh cooperative societies reflects a steadfast commitment to grassroots development and inclusive growth. Such a monumental endeavour not only promises to uplift rural livelihoods but also holds the potential to catalyze socio-economic transformation across the nation.
As the Lok Sabha polls gather momentum, Prime Minister Modi’s pledge to propel the cooperative movement to unprecedented heights resonates as a pivotal agenda, poised to shape the trajectory of India’s rural economy in the years to come.
With Maharashtra serving as a beacon of cooperative success, the envisioned proliferation of cooperative societies holds the promise of a more prosperous and equitable future for the country’s rural populace.
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