Revitalizing Maharashtra: Gadkari Calls for Cooperative Sector Reforms

Union minister Nitin Gadkari urges Maharashtra to create a new cooperative sector law to improve rural financial conditions. He emphasizes the significance of studying the cooperative movement's socio-economic impact and highlights regional disparities in milk production. Gadkari also stresses adopting reforms to align with global economic changes.

Union minister Nitin Gadkari has urged the Maharashtra government to draft a new law for the cooperative sector, adapting to the state's evolving economic conditions. He considers this necessary to enhance the financial status of rural communities.

Gadkari addressed the need to study the socio-economic effects of the cooperative movement across the state, urging the Maharashtra State Cooperative Bank to lead this effort. He highlighted a stark economic disparity where agriculture engages 60% of the population but contributes only 12% to GDP.

The minister cited the high value of cooperative dairy initiatives, pushing for legislative updates and farmer-producer companies to bolster rural employment and tackle issues like farmer suicides. Gadkari also called for adapting to economic changes, emphasizing global trends observed during international visits.

(With inputs from agencies.)