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Amul’s merger with cooperative societies is announced by Amit Shah

by TLAteam October 11, 2022October 11, 2022
written by TLAteam October 11, 2022October 11, 2022
Amul’s merger with cooperative societies is announced by Amit Shah

Amul will join forces with five other cooperative societies to form a multi-state cooperative society, according to an announcement made on Sunday by Union Housing and Cooperation Minister Amit Shah (MSCS). He was addressing the 70th plenary meeting of the North Eastern Council (NEC).

Business News

Shah stated during the 70th plenary session of the North Eastern Council (NEC) here that the merger process has already begun.

“The government led by Prime Minister Narendra Modi is giving priority to natural agriculture and digital agriculture and for certification of natural products, the process to form a multi-state cooperative society by merging Amul and five other cooperative societies has been started,” he said.

After certification, the MSCS will ensure export of the goods so that farmers can receive their profits directly in their bank accounts.

Under the Amul brand, the Gujarat Cooperative Milk Marketing Federation Ltd. markets its goods.

Speaking earlier on Friday at the North-Eastern Cooperative Dairy Conclave in Gangtok, Shah emphasised the need for the nation’s milk production to quadruple over the next five years in order to meet both home and international demand.

“We have a huge opportunity to deliver milk to countries like Bhutan, Nepal, Bangladesh and Sri Lanka, and to explore this world market, the government is setting up a multi-state cooperative which will act as the export house,” he had said.

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