PM Modi said, India’s dominance in digital transactions is the new identity of the country

New Delhi: Prime Minister Narendra Modi on Saturday said that India’s dominance in digital transactions has become a new identity of the country in the world and it needs to be included in the cooperative sector as well.

“The government has promoted Digital India so that direct benefits reach the beneficiaries directly. It also aims to eliminate dependence on cash transactions. India’s dominance in digital transactions has become our new identity in the world. This needs to be included in our cooperative sector as well,” said PM Modi. PM Modi was addressing the 17th Indian Cooperative Congress at the International Exhibition-cum-Convention Center (IECC) in the national capital.

He said that in the last 4 years, under the PM-Kisan scheme, direct transfer of Rs 2.5 lakh crore has been made to the bank accounts of farmers without the intervention of any middleman.
“Now, crores of small farmers are getting benefits under the PM-Kisan scheme without the intervention of middlemen. Rs 2.5 lakh crore has been directly transferred to the bank accounts of farmers under this scheme in the last 4 years,” Modi said.
The PM further said that the country has gone from spending less than Rs 90,000 crore in five years for the agriculture sector before 2014 to spending three times the amount on just one scheme, the PM Kisan Samman Nidhi.

“From milk powder to butter and ghee, our Indian produce is in demand across the globe. A new market is being created for our millets. Our Shree Anna can be a great earning opportunity for our small farmers,” said the PM, adding that it is only because of the initiative of the Government of India that this year is being celebrated as the ‘International Year of Millets’.

The 17th Indian Cooperative Congress is being organized on July 1-2, 2023.

It aims to discuss the various trends in the cooperative movement, showcase the best practices being adopted, deliberate on the challenges being faced and prepare future policy directions for the development of the cooperative movement in India.

There will be seven technical sessions on the main theme of “Amrit Kaal: Prosperity through Collaboration for a Vibrant India”.

It will see the participation of more than 3,600 stakeholders, including cooperatives from primary level to national level, representatives of international cooperative organisations, representatives of International Cooperative Alliance, ministries, universities and institutions of repute, said a PMO release. , (ANI)

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