Minister for Agriculture, Co-operation, Marketing, Textiles and Handloom Tummala Nageswara Rao connected Monday underscored the relation of cooperatives successful promoting inclusive and sustainable development.
The Minister, who was addressing the Telangana Cooperative Conclave organised present by NABARD determination office, said the cooperative principles purpose astatine ‘one for all, each for one’ . Cooperatives are people-centered and not capital-centred, helium told the programme organised arsenic portion of the International Year of Cooperatives celebrations.
Seeking to item the value of placing agrarian translation astatine the centre of maturation story, helium appreciated the NABARD connected however the slope during the past decennary undertook a broad acceptable of interventions to physique strong, resilient and future-ready cooperative institutions successful the State.
With atom output astatine 189 lakh tonnes, Telangana stood arsenic India’s second-largest atom shaper successful the country, Mr. Rao added.
NABARD CGM Uday Bhaskar, NAFSCOB Chairman Konduri Ravinder Rao and different speakers spoke of the value of cooperative movement.
Signing of a tripartite statement betwixt NABARD, Telangana State Cooperative Apex Bank and 24X7 Moneyworks Consulting for issuance of eKCC, felicitation of 11 best-performing PACS from the State, presenting of cheques for ₹15 lakh each to 12 PACS arsenic FPOs towards assistance by National Cooperative Development Corporation and organisation of micro ATMs by NABARD to Vijaya Dairy Cooperatives from 9 districts figured successful the programme, NABARD said successful a release.

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