Cabinet Approved Three National Level Multi-State Cooperative Societies (MSCS) Under MSCS Act, 2002

Why in news?

• Setting up of three national level MSCS will help in achieving the goal of ‘Sahakar-se-Samriddhis (Prosperity through Cooperation) through inclusive growth model of cooperatives.

National Multi- State Cooperative Export Society

• Act as umbrella organization for exports of surplus goods/service.
• Primary to national level cooperatives societies including primary societies, district, state and national level federations and MSCS can become its member.
• Higher exports will increase production of goods and services and increase employment opportunities.
• Increased export will promote “Make in India” thus leading to Atmanirbhar Bharat.
• Help cooperatives in getting benefits of export related government schemes/policies.

National Multi- State Cooperative Organic Society

• Unlock demand and consumption of organic products in domestic and global markets.
• Help farmers to get high price of organic product through aggregation, marketing and branding.
• Provide institutional support for aggregation, certification, storage, processing etc.
• Better management of entire supply chain of products.

National Multi- State Cooperative Seed Society

• Act as an apex organization for production, procurement, processing, branding, labelling, packaging, storage, marketing and distribution of quality seeds.
• Develop system for preservation and promotion of indigenous natural seeds.
• Increase seed replacement rate, varietal replacement rate, ensuring role of farmers in quality seed cultivation.
• Quality seeds production reduces dependence on imported seeds, boost rural economy, and strengthen food security.
• Though ‘Cooperative Societies’ is a State Subject, MSCS is regulated by Centre under MSCS, Act 2002.
• MSCS are cooperative societies whose activities are not confined to one state and serve interests of individuals in more than one state.