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'Made Separate Ministry, Dedicated Budget To This Industry': PM Modi At 17th Indian Cooperative Congress

PM Narendra Modi on Saturday addressed the 17th Indian Cooperative Congress at Pragati Maidan in New Delhi.

Prime Minister Narendra Modi on Saturday addressed the 17th Indian Cooperative Congress at Pragati Maidan in New Delhi. The event is being held on the occasion of International Day of Cooperatives. Speaking here, the PM said that dairy, sugar and many other sectors have grown because of the cooperative sector. The Prime Minister said that his government, for the first time, made the ministry of the cooperative sector and assure a separate budget for it. PM Modi said that tax rates were lowered to benefit the cooperative sector. 

Earlier Prime Minister Modi inaugurated the 17th Indian Cooperative Congress at International Exhibition-cum-Convention Centre (IECC), in Delhi.

On the occasion, PM Modi called for complete digitisation in the cooperative industry and asked the industry people to contribute into the 'Make In India' campaign. Prime Minister Narendra Modi said, "The government has promoted Digital India, enabling direct benefits to reach beneficiaries directly. The aim is also to eliminate the dependency on cash transactions. India's dominance in Digital Transactions has become our identity in the world. This needs to be incorporated in our Cooperative sector as well"

The PM said, "Now, crores of small farmers are receiving benefits under the PM-KISAN scheme without any interference from middlemen. In the last 4 years, a direct transfer of Rs 2.5 lakh crore has been made into the bank accounts of farmers under this scheme"

"We have moved from less than Rs 90,000 crore spent in 5 years for the agriculture sector before 2014 to having a single scheme, PM KISAN Samman Nidhi that is spending 3 times the amount," he added.

"Milk powder to butter to ghee, our Indian produce is in demand in the world. A new market is being formed for our millets. Our Shree Anna can be a great opportunity to earn for our small farmers," the PM said while speaking on dairy and other cooperative industries in the country.

Notably, the 17th Indian Cooperative Congress is being organised on 1-2 July, 2023 and its objective is to discuss various trends in cooperative movement, showcase best practices being adopted, deliberate challenges being faced and chalk out future policy direction for growth of India’s cooperative movement.

"There will be seven technical sessions on the main theme of “Amrit Kaal : Prosperity through Cooperation for a Vibrant India”.  It will witness participation of more than 3600 stakeholders including cooperatives from primary level to national level, delegates of International Cooperative Organisations, representatives of International Cooperative Alliance, representatives of Ministries, Universities, eminent institutions, among others," a PMO release said.

Earlier on Friday, the Prime Minister addressed the centenary celebrations of the University of Delhi. He said that Delhi University is not just a university but a movement. He also said that DU has lived every movement and has brought life to every movement.  "Delhi University has completed 100 years when the nation celebrates 75 years of independence... Delhi University is not just a university, but a movement.  This university has lived every movement and has brought life to every movement," PM Modi said, as quoted by the news agency ANI. 

Read His Complete Speech Here

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