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Large-Scale Formation of Cooperative Societies to Boost Rural Economy

Newsmantra — Thu, 07 Aug 2025 11:49:36 +0000

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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Shri Amit Shah releases the action plan for the formation of 1100 new FPOs by PACS

Newsmantra — Fri, 14 Jul 2023 12:04:17 +0000

Union Home Minister and Minister of Cooperation, Shri Amit Shah inaugurated the National Mega Conclave on FPO in the cooperative sector and released the action plan for the formation of 1100 new FPOs by PACS in New Delhi today
Shri Shah said that he said that if PACS becomes an FPO, then the benefits of FPO will reach to all the farmers of PACS. He said that FPOs formed through PACS have the maximum potential to make the farmers prosperous.
Shri Amit Shah said that the magnitude of this initiative is that today 11,770 FPOs are working in the country and through these and through these, lakhs of farmers of the country have been successful in increasing their income. He said that it was announced in the budget to set up 10,000 FPOs and the target is to achieve this by the year 2027. He said that under the leadership of Shri Modi, the Government of India has allocated Rs 6900 crore to achieve this goal.

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Union Home Minister approves over Rs. 5,908 crore

Newsmantra — Tue, 07 Jan 2020 05:54:52 +0000

The High Level Committee (HLC), chaired by the Union Minister for Home Affairs Shri Amit Shah, met in New Delhi today to consider additional central assistance to seven states, which were affected by floods/ landslides/cloudburst during south west monsoon 2019.

HLC approved additional central assistance of Rs. 5908.56 crore to seven States from National Disaster Response Fund (NDRF) – Rs. 616.63 crore to Assam, Rs. 284.93 crore to Himachal Pradesh, Rs. 1869.85 crore to Karnataka, Rs. 1749.73 crore to Madhya Pradesh, Rs. 956.93 crore to Maharashtra, Rs. 63.32 to Tripura and Rs 367.17 crore to Uttar Pradesh for floods/ landslides/cloudburst during south west monsoon 2019.

Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, was present in the meeting, along with senior officers of the Ministries of Home Affairs, Finance, Agriculture and NITI Aayog.

Earlier, the Central Government has released an interim financial assistance of Rs. 3,200 crore to 4 States – Rs 1200 crore to Karnataka, Rs 1000 crore to Madhya Pradesh, Rs 600 crore to Maharashtra and Rs 400 crore to Bihar. In addition, during 2019-20, till date, Centre Government has released Rs 8068.33 crore to 27 States as Central share from State Disaster Response Fund (SDRF).

Central Government under Prime Minister Shri Narendra Modi has been providing full support to the State Governments by providing timely logistics and financial resources to supplement efforts of the State Governments to deal with the situation effectively in the wake of natural calamities.

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