Union Minister of Cooperation Amit Shah will dedicate more than ten thousand newly established Multipurpose Primary Agricultural Cooperative Societies, Dairy and Fisheries Cooperatives to the nation in New Delhi today.
He will also distribute registration certificates, RuPay Kisan Credit Cards, and micro ATMs to the newly formed cooperative societies during a national conference of Cooperatives.
These financial tools are designed to provide easy access to credit services in Panchayats and promote financial inclusion. These will also enable rural population to benefit from various schemes and participate in the nation’s economic progress.
The formation of new Multipurpose Primary Agricultural Cooperative Societies (PACS) will promote the growth of cooperative institutions in rural areas. The newly established multipurpose PACS include credit societies, dairy cooperatives, and fisheries cooperatives.
These societies will not only provide financial services but also serve as a platform for rural communities to come together and work collaboratively.
To realise Prime Minister Narendra Modi’s vision of Sehkar Se Samriddhi, Mr Shah has set a goal to establish a cooperative institution in every Panchayat across the country within the next five years. The conference will serve as a platform to discuss strategies for enhancing the operational capabilities of the newly formed cooperative societies.
