GDP alone cannot decide country's growth, Amit Shah
Union Minister for Home and Cooperation Amit Shah on Friday said that India's growth cannot depend merely on GDP numbers but employment generation is also a key factor.
'The steps taken by Prime Minister Narendra Modi will ensure that the cooperative sector grows equally across the country and it will be a big boost to the economy. Our country cannot grow merely on GDP. With a population of 130-140 crore, the GDP will grow rapidly for sure. But everyone should get employment as well. If the rural women, youth are to get employment, then cooperation is the only tool which connects them to employment opportunities,' said Shah.
He was speaking at the national conference organised by Nafed on the occasion of 2025 being the International Year of Cooperatives.
Earlier, Shah said that cooperative sector weakened in the northern and eastern parts of the country and maintained to work towards symmetrical development in the coming years.
'We are already taking steps to change uneven growth of the cooperative sector to symmetrical development. The co-operative movement had weakened in the northern and eastern parts of the country and was stable mostly in western India…Cooperative sector provides for growth and development of the economy with less capital and more profit. We will make the cooperation sector progress with landmark growth and strengthen it in the nook and corner of the country,' Shah said.
Shah said cooperative movement revolutionalised the rural economy and gave the example of Amul in Gujarat where 36 lakh women associated with it didn't even have Rs 100 in capital but have today handling a turnover of Rs 80,000 crore.
He mentioned that dal, maize, oil seeds can be sold to Nafed from farmers and if the market rate is more, farmers can sell the produce directly. 'It is to ensure that farmers get the maximum profit,' he said.
Shah said the cooperation ministry has compiled a data of cooperative units in the country so that the government knows where the vacuum is and how to expand it. Two lakh new primary agriculture credit societies (PACS) will also be formed and will be made multi-dimensional, he said.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
12 minutes ago
- Time of India
Amit Shah 1st to be told about cash at judge Varma's residence
Union home minister Amit Shah NEW DELHI: Home minister Amit Shah was the first to be informed by Delhi Police commissioner Sanjay Arora about "four or five half-burnt sacks" of cash at Justice Yashwant Varma's official residence within hours of its chance discovery following a fire on the night of March 14 at the bungalow's storeroom. Responding to a fire emergency call, firefighters and police reached Justice Varma's Tughlaq Crescent bungalow a little after 11.30pm on March 14. The first responders, who stumbled upon the bags stuffed with cash, shot videos of half-burnt currency notes of Rs 500 denomination around midnight. They left after dousing the fire around 1am on March 15. Delhi Police chief Arora first informed the home minister on March 15 and, later, briefed Delhi HC Chief Justice D K Upadhyay about the cash. Delhi Police chief Sanjay Arora also shared "certain still photographs and video" of the storeroom fire with the Delhi HC CJ, who in turn informed then CJI Sanjiv Khanna, triggering a chain of events which led to setting up of an inquiry into the sensational episode. The inquiry panel said in its report, "The information was shared by Arora with Justice D K Upadhyay in the late afternoon of March 15, who was out of station in Lucknow on account of Holi vacation, and he was informed that a report had been sent to the Union home minister, wherein there was reference that there were four or five half-burnt sacks of Indian currency at the spot." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like เทรด Bitcoin และ Ethereum - ไม่ต้องใช้กระเป๋าเงิน! IC Markets เริ่มต้นตอนนี้ Undo The inquiry panel comprising Punjab and Haryana CJ Sheel Nagu, Himachal Pradesh CJ G S Sandhawalia and Karnataka HC's Justice Anu Sivaraman had sent 10 phones belonging to the first responders, used for taking videos and still images of burning cash in the storeroom, for authentication by Central Forensic Science Laboratory (CFSL), Chandigarh. The laboratory authenticated the images and videos - one of 67 seconds shot by head constable Roop Chand and another of 70 seconds shot by head constable Sunil Kumar. The panel said, "The phones have been analysed by us having been sent to CFSL, Chandigarh, and are per se admissible in view of the provisions of Section 329 of BNSS." Apart from legal admissibility of the evidence against Justice Varma, the panel said these pieces of evidence also stood corroborated by witnesses. "The said videos have been shown to independent eye-witnesses, including the fire/police personnel who were at the spot (and) who have vouched for the same," the panel said.
Deccan Herald
20 minutes ago
- Deccan Herald
BMTC to introduce express bus services along key Bengaluru routes from today
The BMTC will run 48 buses that will make 348 daily trips on the express routes. It will also issue monthly passes for these services at a cost of Rs 1,500.
Indian Express
29 minutes ago
- Indian Express
On Gorakhpur Link Expressway, Akhilesh says ‘It's a four-lane road, not an expressway'
Samajwadi Party president Akhilesh Yadav on Friday targeted the Yogi Adityanath-led government in Uttar Pradesh over the newly inaugurated Gorakhpur Link Expressway, claiming the government was wrongly calling a four-lane road an expressway. Addressing a press conference in Lucknow, Yadav said, 'The 91-km road was built at a cost of Rs 7,000 crore. If we take out Rs 2,000 given to farmers for compensation then Rs 5000 crore has been used to build it. This means it cost Rs 50 crore per kilometre' he said. Claiming that Lucknow-Agra Expressway had followed all the required parameters for an expressway, Yadav alleged that same were not followed in construction of the Purvanchal Expressway. Once his party comes to power, he would get the Purvanchal Expressway re-constructed with proper standards, he added. 'They raise fingers at the highway built by others. Today, the most expensive highway has been made. Today, all the newspapers mentioned that it was built at a cost of Rs 7,000 crore,' the former chief minister said. 'Our CM does not know the difference between a four-lane highway and an expressway,' the SP chief charged. SP & BSP demand action over 'graft' in transfers The Samajwadi Party and the Bahujan Samaj Party on Friday targeted the BJP government in Uttar Pradesh alleging corruption in transfers of employees. Addresing the media, SP president Akhilesh Yadav claimed a fight is on between ministers and officers over exchange of money. He said this in response to a question on a recent tussle between the district magistate and chief medical officer in Kanpur. There were reports of Deputy Chief Minister Brajesh Pathak complaining that transfers were ordered without his knowledge, he said. Mayawati said, 'There has been a debate over allegations of corruption in various departments. The CM should take cognisance by not only activating the Vigilance Department but also constituting a time-bound inquiry by an SIT.'
