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Cooperative sector, the way forward for agri and allied businesses, meet told
Thursday, 03 March, 2022, 08 : 00 AM [IST]
Ashwani Maindola, New Delhi
Experts feel that the cooperative sector needs a holistic approach to mitigate the challenges for its overall development in the country and reasonable success seen in sectors such as milk, credit, and agriculture can be employed for the same.

Cooperative sector experts deliberated at the Multi-Stakeholder Consultation hosted by the CII here on Wednesday, which was structured around key areas such as policy framework, success stories and opportunities for partnerships within and beyond for cooperatives.

The consultation was a collaborative initiative of the Confederation of Indian Industry (CII), Institute of Rural Management Anand (IRMA) and International Labour Organization (ILO), India.

The event was attended by senior representatives from industry, UN agencies, academia, cooperatives, start-ups, and development specialists from ITC, Dabur, IFFCO, Amul, Nurture Farm, Bain & Company, ILO, IRMA, the National Cooperative Union of India, SEWA, Sahakar Bharati, the International Cooperative Alliance, the National Cooperative Dairy Federation of India Limited, amongst others.

Additionally, the consultation emphasised on the need to explore more ways to infuse good practices and processes in cooperatives across other dimensions for greater impact on the Indian economy.

The consultation acted as a precursor to a national-level summit, scheduled to be held indicatively in May-June 2022.

Speaking at the opening session of the first National Multi-stakeholder Roundtable Consultation on "Performance, Challenges & Call for Action for Cooperatives in India", Dr R S Sodhi, managing director, Gujarat Cooperative Milk Marketing Federation (Amul), said, "India’s economy is defined by three ‘S’; Small farmers, traders and workers; Small retailers and middlemen; and Small consumers. The cooperative structure is now being recognised the world over – and not only India – as the way forward with a focus on aggregating people, products and services, providing them a platform and technology and connecting them with a market.”

Present on the occasion were Tarun Sawhney, chairman, CII Rural & District Economy Council and vice – chairman & MD, Triveni Engineering & Industries; Dagmar Walter, director, International Labour Organization, India, and Dr Umakant Dash, director, IRMA.
 
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