Uttarakhand organises Interstate Cooperative Investment Summit & Exhibition

Inaugurating the Summit, Union Agriculture Minister said that Uttarakhand can help rural population by developing agriculture, horticulture & other sectors through cooperatives

Uttarakhand organises Interstate Cooperative Investment Summit & Exhibition

Department of Cooperation, Government of Uttarkhand is organising an interstate cooperative conference, exhibition and investment summit on May 13-19, 2017 at Dehradun. Over 750 cooperatives from Uttarakhand are participating in the week-long event to seek collaborations and opportunities. 

Inaugurating the event on May 13, 2017, Union Agriculture Minister Radha Mohan Singh  said that it is promising to note that the state’s cooperative department has selected cooperative entrepreneurship as a medium to boost entrepreneurship in the state and organised the exhibition. 

He also said that cooperatives are not new to our country and that the cooperative movement had first started in a village in Gujarat and the movement led to the enactment of Cooperative Credit Societies Act, 1904. Modern cooperatives have attained a comprehensive shape during 112-years journey. Indian cooperative movement is one of the biggest cooperative movements in the world. There are 8 lakh cooperative societies in India, which includes the cooperative organisation at the village and national levels. The cooperative societies membership in the country is more than 274 million. And it includes 95 percent villages and 71 percent rural families. 

The participation of Uttarakhand in cooperative societies is appreciable. There are 4381 societies in the state, which are associated with various professions. As many as 759 packs are operational and their membership is 12 lakh. And it is also appreciable that hundred percent villages are covered under these packs. 

Talking about the role of cooperatives in the development of Uttarakhand, he said that women rub shoulders with other family members and work hard to provide a better life to their families. These women can strengthen their economic status through cooperatives in the small industry sector such as forestry, vegetable and fruit farming and solar energy. 

Singh said that it is important to implement Pradhan Mantri Fasal Bima Yojana in Uttarakhand through cooperative societies and help affected farmers because the state’s agriculture sector is totally dependent upon monsoon. He also said that for the revival of cooperative societies, the government has taken concrete steps to transform them into the dynamic democratic organisation so that they can face the challenges of the competitive global economy. 

The Minister said that considering the importance of cooperative societies in improving rural economy, the government is committed to boosting cooperative societies through various programmes.

Uttarakhand can develop tourism, transport, handloom, fruits and vegetable farming, cultivation of medicinal plants, flower farming etc. through cooperatives. There is a huge market for these commodities not only in the India but abroad as well. 
The Minister appreciated the efforts of cooperative societies representing various states for their contribution in the cooperative sector. 

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