Principal Scientific Adviser chairs meeting to discuss Biomass Cultivation (See 'Corp Brief') SAFEMA - Appellant have furnished evidence which show satisfactorily that they took all reasonable steps to realise export proceeds : Tribunal (See 'Legal Desk') Companies Act - Winding up petition can be dismissed when contentions raised by parties constitute triable issues as Company Court cannot enter into adjudication of disputed facts of amount due and payable : HC (See 'Legal Desk') Competition Act - In absence of any apparent anti-competitive conduct, decision of purchase or sale of product and quantity thereof is driven by commercial considerations of market players : CCI (See 'Legal Desk') Slum Rehabilitation Act - Preferential right to owner is available only when someone other than owner is being preferred and owner has never before been given or availed of right to develop : HC (See 'Legal Desk') India Pavilion at World Hydrogen Summit showcases Green Hydrogen Mission (See 'Corp Brief') CPC - Application can be dismissed as Intervener has already initiated its own remedy by way of independent Execution Petition : HC (See 'Legal Desk') SEBI Act - Appellant has not shown sufficient cause for condonation of delay in filing appeal : SAT (See 'Legal Desk') PMLA - When questions relating to legality of arrest is under consideration, more holistic and libertarian view is to release Chief Minister of Delhi on interim bail for Lok Sabha General Elections : SC (See 'Legal Desk') Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 - Order for forfeiture of properties is rightly made as property is occupied through lllegal earning : Tribunal (See 'Legal Desk') Summer Power demand expected to be adequately met during both day and night (See 'Corp Brief') Arbitration Act - As petitioner is not notified as 'financial institution' or 'bank' under RDB Act, there is no bar on parallel proceedings to co-exist under A&C Act as well as SARFAESI Act : HC (See 'Legal Desk') Cr.P.C. - Once order issuing process has been set aside, then applicant has no right to file application u/s 482 of Cr.P.C. for quashment of complaint case : HC (See 'Legal Desk') Competition Act - WordPress.org is justified in taking appropriate action against any developer found non-compliant with prescribed standards and regulations : CCI (See 'Legal Desk') Ministry of Skill signs MoU with Mahindra Ltd to conduct two Pilot Projects (See 'Corp Brief')

Print

Tomar launches Sahakar Cooptube NCDC Channel

Published: Aug 05, 2020

By TIOLCORPLAWS News Service

NEW DELHI, AUG 05,  2020:  UNION Minister of Agriculture & Farmers' Welfare, Mr Narendra Singh Tomar, yesterday launched the Sahakar Cooptube NCDC Channel, a new initiative by National Cooperative Development Corporation (NCDC). Speaking on the occasion, Mr Narendra Singh Tomar said that the Ministry of Agriculture and Farmers' Welfare is in the forefront of operationalizing different aspects of Atma Nirbhar Bharat call given by Prime Minister Mr Narendra Modi. Cooperatives have a major role in the country in realizing the Prime Minister's dreams. Mr Tomar also launched guidance videos produced by NCDC on ‘Formation and Registration of A Cooperative' for eighteen different states in Hindi and regional languages.

Mr Tomar said that the Union Government under Atma Nirbhar Bharat has recently announced a series of transformative measures and sector specific financial packages to help agriculture. The initiatives are steps towards One Nation One Market with the objective for India to become food factory of the world. The gamut of exhaustive reforms and measures are intended to strengthen all activities and services in agriculture, horticulture and allied sectors through creation and development of agriculture infrastructure, micro food enterprises, value chains and logistics for fishery and animal husbandry, medicinal and herbal plants, bee keeping and Operation Green. Significant legislative amendments have been made to create conducive environment for agriculture.

Appreciating the efforts of NCDC, the Minister said that a key strategy in the ecosystem is to facilitate involvement of youth in cooperatives. Formation of new cooperatives is a prerequisite for bringing new life and dedication in the realm of cooperative movement. The guidance videos in different languages covering 18 States would also strengthen and deepen the major initiatives of our Government to promote and form 10,000 FPOs. NCDC has a major role in formation of FPOs in cooperative mode. More states would be added to the collection of guidance videos on NCDC Sahakar Cooptube Channel in due course of time.

NCDC as an apex level statutory institution under the Ministry of Agriculture & Farmers' Welfare has achieved tremendous success with cumulative financial assistance to cooperatives to the tune of Rs.1,54,000 crore. Beginning with meager disbursement of Rs.2.36 crores in 1963, NCDC disbursed around Rs.28,000 crore during 2019-20. NCDC has made aunprecedented progress in the last six years. It has achieved 83% of the cumulative financial assistance calculated since 1963, during these last six years alone. 

Cooperatives in India have come a long way and have proven their success in improving the condition of farmers and economic development. Largely as association of small and marginal farmers and rural poor, the cooperatives have acquired a huge network of over 8.50 lakh organizations and 290 million members. They have substantially contributed in raising the income of their members and achieving rural prosperity. Cooperatives lend strength to farmers to minimize risks in agriculture and allied sector and act as a shield against exploitation. 

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
taxindiaonline
A Taxongo Website. Copyright © 2016-2022 tiolcorplaws.com All rights reserved.