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Large-Scale Formation of Cooperative Societies to Boost Rural Economy

In a significant push to strengthen India’s rural economy, over 35,000 new cooperative societies have been formed as part of the Centre’s efforts under White Revolution 2.0. Union Home Minister and Minister of Cooperation Amit Shah announced that, out of a target to establish two lakh multipurpose cooperative societies within five years, 35,395 have already been set up, including dairy, fisheries, and agricultural societies. Additionally, three new national-level cooperative bodies—NCOL, NCEL, and BBSSL—have been formed to promote organic farming, export of farmers’ produce, and seed conservation, ensuring better branding, fair prices, and access to global markets for farmers. The initiative also aims to increase milk procurement by 50%, with over 15,000 dairy cooperatives registered and MoUs signed to set up biogas plants, further empowering rural communities and supporting sustainable growth.

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