Cooperatives can create up to 5.5 crore direct jobs, 5.6 crore self-employment opportunities by 2030: Report
cooperative sector has the potential to generate up to 5.5 crore direct jobs and 5.6 crore self-employment opportunities by 2030, according to Primus Partners. Management consultancy firm Primus Partners on Thursday released a report on the cooperative sector.
It highlighted that India's cooperative network, the largest in the world, represents nearly 30 per cent of the 30 lakh cooperative societies globally.
«As India strides towards its ambitious goal of becoming a USD 5 trillion economy by 2030, the cooperative sector stands as a beacon of hope and potential,» the report said.
«With one of the largest cooperative networks globally, India is poised to leverage this sector's immense capabilities to drive economic growth, social equity, and inclusive development,» it added.
Primus Partners noted that cooperatives are not just a segment of the Indian economy but they are a powerful engine fuelling progress and prosperity.
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