NEW DELHI: Aiming to additional strengthen the cooperative motion within the nation, Union residence and cooperation minister Amit Shah will on Thursday launch a number of initiatives together with cooperative-led White Revolution 2.0 to rework the dairy sector and commonplace working procedures (SOP) for nationwide rollout of ‘cooperation amongst cooperatives’ marketing campaign.
Apart from, he may even launch pointers on formation and strengthening of two lakh new multi-purpose Major Agriculture Credit score Societies (M-PACS), and first dairy and fishery cooperative societies in villages/panchayats which have, to date, remained uncovered.
Below White Revolution 2.0, the goal of milk procurement by dairy cooperative societies will probably be elevated by 50% from the current stage over the subsequent 5 years by offering market entry to dairy farmers in uncovered villages/ panchayats and growing the share of the organised sector in milk procurement. The initiative consists of organising and strengthening of 1 lakh new/ present district cooperative societies, multi-purpose district cooperative societies, and M-PACS.
“Offering enabling infrastructure e.g. AMCU (Automated Milk Assortment Unit), DPMCU (Information Processing Milk Assortment Models), testing tools, Bulk Milk Coolers, and many others., would be the key part of the initiative ,” stated the official.
Initially, this initiative will probably be funded by Nationwide Dairy Improvement Board (NDDB) from their very own assets by offering help of Rs 40,000 per M-PACS to 1,000 M-PACS and subsequently from the proposed Nationwide Programme for Dairy Improvement 2.0 scheme of division of animal husbandry and dairying (DAHD).
“This may strengthen your complete milk worth chain. The initiatives will assist in creating the sector and growing milk manufacturing to satisfy the home demand and likewise faucet the export potential,” stated the official.
The ‘cooperation amongst cooperatives’ initiative has three key parts together with distribution of Rupay – Kisan Credit score Playing cards to dairy farmers, distribution of micro-ATM to dairy cooperatives and opening of the account of the cooperative societies and their members in cooperative banks.
“Its SOP has been finalised on the premise of experiences gained in pilot initiatives in Panchmahal and Banaskantha districts of Gujarat,” stated a cooperation ministry official.
Referring to the transfer of opening the account of the cooperative societies and their members in cooperative banks, he stated, “This may be certain that cash of the cooperative sector stays within the cooperative banking system, resulting in an enhanced corpus of deposits within the cooperative banks. This may, in flip, empower cooperative banks to lend more cash to the cooperative sector at reasonably priced rates of interest, resulting in enhanced financial actions within the sector.”
Apart from, he may even launch pointers on formation and strengthening of two lakh new multi-purpose Major Agriculture Credit score Societies (M-PACS), and first dairy and fishery cooperative societies in villages/panchayats which have, to date, remained uncovered.
Below White Revolution 2.0, the goal of milk procurement by dairy cooperative societies will probably be elevated by 50% from the current stage over the subsequent 5 years by offering market entry to dairy farmers in uncovered villages/ panchayats and growing the share of the organised sector in milk procurement. The initiative consists of organising and strengthening of 1 lakh new/ present district cooperative societies, multi-purpose district cooperative societies, and M-PACS.
“Offering enabling infrastructure e.g. AMCU (Automated Milk Assortment Unit), DPMCU (Information Processing Milk Assortment Models), testing tools, Bulk Milk Coolers, and many others., would be the key part of the initiative ,” stated the official.
Initially, this initiative will probably be funded by Nationwide Dairy Improvement Board (NDDB) from their very own assets by offering help of Rs 40,000 per M-PACS to 1,000 M-PACS and subsequently from the proposed Nationwide Programme for Dairy Improvement 2.0 scheme of division of animal husbandry and dairying (DAHD).
“This may strengthen your complete milk worth chain. The initiatives will assist in creating the sector and growing milk manufacturing to satisfy the home demand and likewise faucet the export potential,” stated the official.
The ‘cooperation amongst cooperatives’ initiative has three key parts together with distribution of Rupay – Kisan Credit score Playing cards to dairy farmers, distribution of micro-ATM to dairy cooperatives and opening of the account of the cooperative societies and their members in cooperative banks.
“Its SOP has been finalised on the premise of experiences gained in pilot initiatives in Panchmahal and Banaskantha districts of Gujarat,” stated a cooperation ministry official.
Referring to the transfer of opening the account of the cooperative societies and their members in cooperative banks, he stated, “This may be certain that cash of the cooperative sector stays within the cooperative banking system, resulting in an enhanced corpus of deposits within the cooperative banks. This may, in flip, empower cooperative banks to lend more cash to the cooperative sector at reasonably priced rates of interest, resulting in enhanced financial actions within the sector.”
