Co-op sector must promote use of digital currency: Radha Mohan

Urging the cooperative institutions to adopt modern technology and systems, Union Agriculture Minister Radha Mohan Singh on Sunday said this sector must promote the use of digital currency and cashless transactions.

“It is my humble advice to all the cooperative institutions to ensure its contribution in the overall development of the society by adopting modern technology and systems,” Singh said. “The cooperative sector has to upgrade its overall activities to compete with the private sector. Products of cooperative sector, their quality, packaging, storage, marketing, etc, have to be done as per the latest trends,” he added.

The minister was addressing the foundation day of the city-based Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) here on Sunday.