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In alignment with Prime Minister Narendra Modi's vision of "Sahkar se Samriddhi," aimed at fostering prosperity through cooperation, the Ministry of Cooperation organized a regional workshop in Jaipur. This event focused on strengthening the cooperative sector by discussing policy reviews, expanding the Primary Agricultural Credit Societies,
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The Ministry of Cooperation has established National Cooperative Organics Limited (NCOL) under the Multi-State Co-operative Societies Act, 2002. NCOL will serve as an umbrella organization for various organic product businesses, facilitating aggregation, procurement, certification, testing, branding, and marketing. The brand 'Bharat Organics' is poised to enhance market access
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The Ministry of Cooperation of India has launched multiple initiatives to enhance the cooperative sector nationwide, including the computerization and establishment of Primary Agricultural Credit Societies (PACS) across India. Despite these efforts being uniformly available to all states, West Bengal's participation in these national programs remains significantly lower
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The Ministry of Cooperation has launched an initiative to register 45,000 Milk Collection Centres and Milk Pooling Points as Multi-Purpose Village Cooperative Societies in an effort to protect local dairy cooperatives from interstate competition and ensure fair compensation for farmers. Source: Original Link
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The Ministry of Cooperation is leading a significant drive to enhance the role of cooperative societies and banks in expanding insurance outreach, aiming to reach the goal of 'Insurance for All by 2047'. This initiative enables cooperative banks to distribute insurance products, especially in rural and semi-urban areas,
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The National Cooperative Database (NCD) developed by the Ministry of Cooperation, Government of India, was launched to provide a centralized source of information on over 8.4 lakh cooperatives. The database, which began on 08 March 2024, is aimed at enhancing the management and transparency of cooperative societies, fostering the
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The Ministry of Cooperation has announced a reduction in the surcharge on income tax for cooperative societies with incomes ranging from ₹1 Crore to ₹10 Crores. The surcharge has been lowered from 12% to 7% effective from the financial year 2022-23. This announcement was made by Union Minister for Home
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The Ministry of Cooperation in India has launched White Revolution 2.0 to address the challenges faced by the unorganised dairy sector, such as adulteration and exploitation of farmers. This initiative has resulted in the registration of 22,332 Multipurpose Dairy Cooperative Societies by the end of 2025, with 20,
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The Ministry of Cooperation, with approval from the Union Cabinet, has launched three national-level multi-state cooperative societies registered under the MSCS Act, 2002: National Cooperative Exports Limited, National Cooperative Organics Limited, and Bharatiya Beej 0Sahakari Samiti Limited. These societies aim to enhance sectoral awareness and membership, with over 60,000
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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
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The Ministry of Cooperation has appointed the Cooperative Ombudsman following the amendment to the Multi State Cooperative Societies Act, 2002. The Ombudsman will address complaints from members regarding deposits, society functioning, or issues affecting individual rights. An online portal is being developed for efficient management of complaints. Source: Original Link
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The Ministry of Cooperation has introduced a new scheme to provide financial aid to Cooperative Sugar Mills through the NCDC. With an allocation of ₹1000 Cr, the scheme has disbursed significant amounts to various CSMs, boosting ethanol plants, power generation, and working capital. It aims to revive non-functional mills and