India, Oct. 11 -- Farm and allied sector cooperatives have a huge potential to play a key role in making India a USD 5 trillion economy in next five years, Agriculture Minister Narendra Singh Tomar said on Friday.

However, the cooperatives need a push to compete in the global market, he said at the inauguration of the first ever three-day India International Cooperatives Trade Fair here.

The minister also launched startup scheme 'Yuva Sahakar' and NGO Sahakar Bharti's 'Simply Desi' brand to promote products manufactured by cooperatives.

"The prime minister has given a target of achieving USD 5 trillion economy. We can achieve this if we focus on "Gaon, Gharib and Kisan (villages, poor and farmers). And cooperatives have potential and can...