Three Navya cooperatives for farmers; Important decision of the Union Cabinet A to Z Counsel

New Delhi : The Modi government has decided to set up three new cooperative societies to encourage exports of Central products, Bee-seeds and Shetmalachi. This decision was taken in the meeting of the Union Cabinet on Wednesday.

The Economic Behavior Committee under the chairmanship of Prime Minister Narendra Modi would have taken a decision on the same in advance. Or the decision of the cabinet to file complaints. Union Minister Bhupender Yadav gave information about this. ‘Shetkari’ is an important part of rural India or the co-operative institutions associated with the production and agricultural production of farmers. That’s why the government has taken three important decisions in relation to cooperative institutions to encourage export of central products, bee-seeds and shetmala,’ Ase Te said.

Under this, National Export Society, National Co-operative Society for Organic Products and National Level Mustard Seed Co-operative Society or Navya Sanstha will be established, he said. Prosperity through co-operation is the aim of achieving the goal, as well as rural development and the growth of farmers, or the new organization will be cooperative, Yadav has expressed such a belief.

2,600 crore for RuPay card, ‘UPI’

– The Modi government took an important decision on Wednesday to give more encouragement to the UPI (Unified Payment Interface) transactions through native technology-based RuPay Debit cards and ‘Bhim App’. For the incentive program of both, the Union Cabinet approved a scheme of Rs 2,600 crore on Wednesday.

– Government has decided to give more impetus to ‘UPI’ transactions of small amount through ‘Bhim App’. Under this, financial benefits are to be given to customers through banks for e-transactions based on POS (Point of Sale) machines and RuPay cards. Or the funds under the scheme will be given to the banks, through the banks the benefits will be passed on to the customers.

– The objective of the plan is to strengthen the digital payment system more. Financial incentives will be given to make UPI Lite and UPI 123Pay app more accessible and customer friendly.