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Co-operative societies to become entrepreneurs; A consortium will be formed

Co-operative societies will even be companions within the native entrepreneurial sector. The mission might be made doable by a consortium of co-operative banks. Co-operation Minister VN Vasavan put ahead the thought in a web-based dialogue with the Industries Division as a part of the Entrepreneurship Yr program. The dialogue was led by Industries Minister P Rajeev with the presidents of the state co-operative banks.

Presently, 336 merchandise are being marketed within the co-operative sector. Completely different teams have manufacturing plans. A consortium of banks shaped on a regional or district foundation to evaluate entrepreneurial potential will lead funding. The consortium might be shaped by convening a particular assembly of the excess wealth teams. Co-operation Division will present management. A specialised advertising division ought to work to seek out the market. There might be refrigeration amenities to retailer greens and meals merchandise.

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