To empower the cooperative sectors and foster rural economic growth, experts are urging the government to provide agricultural and industrial machinery at subsidized rates. The proposal seeks to ease the financial burden on cooperatives, enabling them to access modern equipment that would otherwise be unaffordable.
By making machinery available at reduced prices, cooperatives—especially in agriculture, dairy, and handicrafts—can increase productivity, improve product quality, and enhance operational efficiency. This will also help bridge the technology gap between large-scale industries and smaller, community-based organizations, which are crucial for India’s rural economy.
Subsidized machinery will have a particularly significant impact on small-scale farmers and rural entrepreneurs who often struggle to invest in expensive equipment. Access to modern tools will allow them to scale up operations, reduce manual labor, and improve overall profitability. Moreover, it can support the adoption of eco-friendly practices and automation in agriculture, leading to sustainable growth.
The proposal has garnered widespread support from industry experts and cooperative leaders, who argue that this move will foster self-reliance, reduce dependency on government subsidies, and contribute to the broader vision of rural revitalization.