National Cooperative Union of India (NCUI), an apex organization of the Cooperative Movement with focus on cooperative education and training has welcomed the government’s commitment to the development of multi-state cooperatives by providing all support to them in this year’s Budget.
NCUI Chief Executive, Satya Narayana said, “The proposal to set up a separate administrative structure for multi-state cooperative societies will definitely strengthen these cooperatives to compete in the market economy. Such structural reforms are necessary so that these cooperatives become success stories.
NCUI feels that enhancement of agricultural credit target to 16.5 lakh crore FY 22 is indeed heartening as this will provide cooperative credit institutions to cover a large section of the rural population, and most importantly, the dairy and fishery cooperatives will be benefitted by this.