India's Cooperative Movement: A Beacon of Inclusive Growth

India marks 2025 as the 'International Year of Cooperatives' to emphasize cooperatives' role in sustainable and community-driven development. With over 8.5 lakh cooperatives across various sectors, the government spearheads initiatives to strengthen their economic and social impact, ensuring technological integration and policy support. A recent focus has been on digitalising Primary Agricultural Credit Societies (PACS) and forming multipurpose cooperatives, enhancing reach and efficiency through initiatives like ERP implementation and e-services integration. The National Cooperative Development Corporation (NCDC) plays a crucial role by providing significant financial backing, fostering innovation and growth at grassroots levels.

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