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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
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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
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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
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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
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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
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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
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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
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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
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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
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The Ministry of Cooperation in India has developed a comprehensive National Cooperative Database (NCD) to streamline access to information on over 8.4 lakh cooperative societies nationwide, involving approximately 32 crore members across 30 sectors. Launched in 2024, the database is regularly updated by state-appointed nodal officers. It was developed
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The Ministry of Cooperation of India has introduced a Ranking Framework for evaluating primary cooperative societies across seven sectors, using the National Cooperative Database (NCD). Launched on January 24, 2025, this framework allows the Registrar of Cooperative Societies (RCS) of States and Union Territories to assess the societies based on
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The Ministry of Cooperation reported a total of 32,128 cooperative societies in West Bengal, 22,953 of which are operational, according to the National Cooperative Database. Since its inception in 2021, the ministry has launched initiatives like the PACS Computerisation Project, aimed at enhancing transparency and service delivery, and