Amit Shah, the cooperation minister, launched three groundbreaking cooperative societies aimed at addressing various agricultural challenges and uplifting farmers’ incomes through enhanced exports of farm produce, particularly organic foods. Inaugurated at the World Trade Centre in Nauroji Nagar, the new cooperative entities include Bhartiya Beej Sahakari Samiti Ltd (BBSSL), National Cooperative Organics Ltd (NCOL), and National Cooperative Export Ltd (NCEL).
Shah emphasized the pivotal role of these cooperatives in promoting organic and natural farming practices while discouraging the use of chemical fertilizers. He announced plans to establish laboratories in every district over the next five years to certify organic farm products, reflecting the government’s commitment to promoting organic agriculture.
NCOL is poised to drive organic farming initiatives across the nation, complementing the efforts of established cooperatives like Amul in introducing organic products to the market. Shah outlined ambitious targets for expanding India’s organic exports, aiming to elevate them from the current Rs. 7,000 crores to Rs. 70,000 crores.
BBSSL, focusing on seed research, production, and marketing, aims to achieve a turnover of Rs 10,000 crore in the next five years. The cooperative endeavours to enhance seed production in India to meet global standards, thereby reducing dependence on imported seeds and bolstering agricultural productivity.
NCEL, comprising prominent cooperative entities such as GCMMF, IFFCO, KRIBHCO, NAFED, and NCDC, will facilitate direct exports of goods and services, amplifying the reach of cooperative sector products in international markets.
These cooperative societies, aligned with Prime Minister Narendra Modi’s vision of “Sahakar se Samriddhi,” are poised to uplift individuals associated with agriculture and related activities. Registered under the Multi-State Cooperative Societies Act, 2002, they aim to strengthen Primary Agricultural Credit Societies (PACS) by ensuring fair returns to farmers and preventing leakages in the value chain.
With a focus on empowering farmers and promoting sustainable agricultural practices, these cooperative societies herald a new era of prosperity for India’s agricultural sector.