news
The Ministry of Commerce & Industry of India has revised the startup recognition framework to strengthen the Startup India Action Plan. Key changes include raising the turnover limit for recognition as a startup from ₹100 crore to ₹200 crore. A new category for Deep Tech Startups has been introduced, with
news
The Government of India is advancing efforts to strengthen cooperative societies through digitalization and computerization projects, impacting millions of rural and tribal communities. Source: Original Link
news
The Ministry of Cooperation has implemented multiple initiatives for the growth and modernization of cooperative societies across India, aiming for greater transparency, competitiveness, and skill development. Over 8.48 lakh cooperatives exist nationwide, with Gujarat and Andhra Pradesh noted for their significant numbers. Source: Original Link
news
The Supreme Court of India has ordered the distribution of Rs. 5,000 Crore from the 'Sahara-SEBI Refund Account' to be disbursed to legitimate Sahara Group of Cooperative Societies depositors. The Ministry of Cooperation, in compliance with this order, launched the 'CRCS-Sahara refund portal' to facilitate
news
The Ministry of Cooperation in India, established on July 6, 2021, has launched several initiatives under the vision of 'Sahakar-se-Samriddhi' to strengthen cooperative societies in Himachal Pradesh and across India. This includes adoption of Model Bye-laws for PACS, Dairy Cooperative expansion under White Revolution 2.0, and significant
news
The Union Budget for 2026-27, presented by the Finance Minister of India, Smt. Nirmala Sitharaman, includes several incentives for primary cooperative societies. These incentives involve tax deductions for the supply of cattle feed and cotton seed, inter-cooperative society dividend income, and a temporary exemption for dividends received by national cooperative
news
The Cooperative Election Authority (CEA) organized a consultative meeting with representatives from Multi-State Railway Employees’ Cooperative Societies to ensure alignment with the MSCS (Amendment) Act, 2023. The meeting, led by CEA Chairperson Shri Devendra Kumar Singh, aimed to facilitate bye-law amendments, enhance transparency, and discuss election processes. Highlighting past successes
news
The Ministry of Cooperation has been actively monitoring the progress of the computerization project of Primary Agriculture Credit Societies (PACS) in Bihar, ensuring enhanced workflow and integration with state portals and cooperative banking systems. PACS are being transformed into multi-service hubs to support various government schemes such as PM Fasal
news
Since its establishment in July 2021, the Ministry of Cooperation has implemented significant initiatives aimed at enhancing cooperative development in Odisha, aligning with the "Sahakar-se-Samriddhi" vision. Key measures include improved governance of Primary Agricultural Credit Societies (PACS), introduction of diversified business activities, and computerization initiatives. Financial disbursements by
news
The Ministry of Cooperation has launched multiple initiatives to transform Primary Agricultural Credit Societies (PACS) across Tamil Nadu and Southern India. With the digitization efforts through the PACS Computerization Project, over 79,630 PACS are being integrated into a national ERP software to improve transparency, governance, and operational diversity. This
news
The Ministry of Cooperation has indicated that no amendments are necessary in the Cooperative Societies Acts of States/UTs to fulfill the National Cooperative Policy 2025. It emphasizes the digital integration of state-level cooperative databases with the National Cooperative Database (NCD) through a standard API, now adopted by Rajasthan. In
news
In Tamil Nadu, a substantial audit of the Primary Agriculture Credit Societies (PACS) Project is underway, with audits completed in 3,335 of the 4,532 sanctioned societies. Measures to improve audit efficiency include online training for auditors, integration of CAMS and ERP systems, and ongoing efforts to finalize audits