Within the nation’s first National Cooperative Conference, Union Residence Minister Amit Shah on Saturday appreciated the fertiliser cooperative IFFCO’s use of nanotechnology to make IFFCO nano urea liquid.

Shah described the function of IFFCO in making the Green Revolution profitable within the nation and praised the world’s first nano liquid urea manufactured by IFFCO.

Terming it a brand new revolution within the agriculture sector, he mentioned “your complete cooperative neighborhood is appreciating this noble effort to vary the agriculture sector for the advantage of farmers.”

Within the convention, the Union Residence Minister mentioned {that a} massive firm like IFFCO is making farmers accomplice in its internet revenue which is predicated on the core mantra of the cooperative.

IFFCO turned a society within the 12 months 1967 with 57 cooperatives. The society has greater than 36,000 cooperative members immediately and distributes its dividends to about 5.5 crore farmers.

“Often when a really massive firm makes a revenue, a big a part of it goes to the proprietor. However this isn’t the case in cooperatives. No matter IFFCO will earn immediately, each pie will go to the properties of 5.5 crores of farmers and that is known as cooperative,” said Shah.

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