Madhya Pradesh on Tuesday signed 19 MoUs in the co-operative sector with an aim to boost farmers' income while offering raw material sourcing avenue for private companies.
These MoUs (memoranda of understanding) were signed in the presence of Chief Minister Mohan Yadav at the ongoing Madhya Pradesh Global Investors Summit (MP GIS) 2025.
Yadav said the Centre and the state government are taking steps to promote cooperative movement in the country.
He assured full support to the investors in all their endeavour in the state.
Speaking at the event, state Cooperation Minister Vishwas Kailash Sarang said the state government is promoting C-PPP (co-operative- public private partnership) in a big way and hoped that this new model becomes highly successful.
"This model will be a win-win situation for all. Farmers' income will increase while private companies will get assured raw materials. The companies can also sell final products through the co-operative societies," the minister said.