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Govt announces measures for farm cooperatives

The government has announced the setting up of an export-promotion forum & trade fair (October 11-13) to support farm cooperatives. The Commerce and Industry Minister, Shri Piyush Goyal, and Agriculture Minister, Shri Narendra Singh Tomar, have committed to establish a framework to double farm exports from Rs 2.75 trillion to about Rs 7 trillion by 2024-25.

The forum will be established under the National Cooperative Development Corporation (NCDC). The trade fair is expected to provide direction to exporting value-added agriculture products. It will be integral in disseminating global demand and engaging with industry players from other countries.