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During the Winter Session of Lok Sabha, Union Minister Jyotiraditya M. Scindia presented significant milestones in the expansion and modernisation of India Post. Over the last 11 years, a strategic push under Prime Minister Narendra Modi's leadership has resulted in the addition of 10,170 post offices nationwide
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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 state of Telangana has taken significant steps in strengthening its Primary Agriculture Credit Societies (PACS) by implementing a state-led computerization project. Unlike the national scheme, 830 PACS in Telangana have been included in the local digital initiative, enhancing operational efficiency. The non-credit business turnover, including paddy procurement and fertilizer
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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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The Ministry of Cooperation is spearheading the Pradhan Mantri Sahakar Se Samriddhi Yojana, aiming to boost the cooperative sector by establishing new cooperative societies across Indian villages, introducing ERP software to improve transparency, and supporting dairy, fishery, and agricultural cooperatives through various training and financial initiatives. The development of a
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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 Tribhuvan Sahkari University Act of 2025 has been enacted to enable the university to establish a network of schools and campuses across India. Aimed at enhancing cooperative education, research, and training, the Act outlines two main paths for expansion: affiliating with eligible institutions and creating outlying campuses. Currently, seven
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The recent rationalisation of Goods and Services Tax (GST) rates in India, according to Minister Amit Shah, significantly benefits cooperatives in the dairy, food processing, agriculture, and rural sectors. With reductions from 12% to 5% or even nil in some categories, products like milk and paneer now enjoy more competitive
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The Ministry of Cooperation has launched a comprehensive plan to revitalize and expand the cooperative movement across India, focusing on establishing and strengthening primary agriculture cooperative societies (PACS), dairy, and fishery societies at the grassroots level. This initiative, approved on February 15, 2023, has led to the registration of over
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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 Indian government, under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), is facilitating the formation of 6,000 new Fisheries Cooperative Societies (FCS) from 2024-29, with Raigarh forming 18 new cooperatives in 2024-25. These cooperatives are provided financial support of Rs 3 lakh each. The National Cooperative Development Corporation (NCDC)
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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