Madhya Pradesh's Cooperative Push: Boosting Farmers' Income and Business Ventures

Madhya Pradesh signed 19 MoUs aiming to increase farmers' income and offer raw material for private companies. These agreements, announced at the MP Global Investors Summit 2025, promote the co-operative-public-private partnership (C-PPP) model. This initiative is expected to benefit both farmers and industries.

Madhya Pradesh made significant strides on Tuesday by signing 19 memoranda of understanding (MoUs) aimed at enhancing farmers' income while providing new raw material sourcing avenues for private companies. The agreements were formalized during the Madhya Pradesh Global Investors Summit 2025, with Chief Minister Mohan Yadav emphasizing efforts to boost the cooperative movement across the nation.

Vishwas Kailash Sarang, the state Cooperation Minister, expressed hope that the co-operative-public-private partnership (C-PPP) model would be highly successful, offering a win-win scenario for farmers and businesses. Sarang announced plans to establish an investment wing to ensure effective implementation of these agreements.

Ashok Barnwal, Additional Chief Secretary, highlighted the potential of cooperative societies, asserting that they could serve as key raw material aggregators. Meanwhile, Siddharth Jain from the Union Ministry underscored the co-operative sector's vital role in India's ambition to become a USD 5-trillion economy, signaling strong central government support for the initiative.