The value chain has great significance for cooperatives. Collective and cooperative economies were also the "breath" of a diverse value chain of many industries in the agricultural and non-agricultural sectors.
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Govt launches PLI scheme; co-ops may benefit
The Modi govt has okayed a Rs 10,900 crore-production linked incentive (PLI) scheme for its food processing industry with the aim to help farmers get better prices and reduce crop wastage, reports Mint.
It was recently so that on the occasion of the launch of Cooperative Forum at the NCUI headquarters, MoS Parshottam Rupala exhorted co-ops to exploit different govt schemes.
The scheme will span six years and aims to generate employment for 250,000 people and attract investments from global and domestic companies in the food processing sector.