Cooperatives key to making India a $ 5trillion economy

Stating that Prime Minister Narendra Modi had created the ministry of cooperation with the motto of prosperity with cooperation, union Home and cooperatives minister Amit Shah said that the cooperative sector will play a major role in India becoming a US $ 5 trillion economy.

Shah said that a lot of changes are required in the cooperative sector and said, A charter for the newly formed ministry is being prepared with the core idea of sahakaar se samruddhi (cooperation to wealth).

Shah launched an automated cheese warehouse at Khatraj, Amuls organic biofertilizer, souvenir, stamp and envelope marking 75 years of Amul and inaugurated newly constructed auditorium. He also launched the Sahakar scheme of the National Cooperative Development Corporation with Rs 5,000 crore allocation.