Cooperative Governance

PM Narendra Modi calls for global financial model to support cooperatives

He further said India sees a huge role for cooperatives in its future growth and in the last 10 years the country has worked to transform the entire ecosystem related to cooperatives

Karnataka Milk Federation launches Nandini products in Delhi-NCR market

The Federation is introducing its dairy products at a discount to key competitors' products in a bid to gain a foothold in the new market

65 mn rural families involved in dairying need to be in co-op sector: Shah

Union minister Amit Shah said on Tuesday that 6.5 crore rural families involved in milk production are outside the ambit of the cooperative sector and face exploitation as they are not getting a fair price. Shah said that only 1.5 crore out of 8 crore rural families involved in dairy farming are part of the cooperative sector and asked the National Dairy Development Board (NDDB) to ensure that they all get the full value of their produce. The Union Cooperation Minister addressed a function in Anand, Gujarat, to mark the Diamond Jubilee Year of NDDB and the birth anniversary of Tribhuvandas Patel, the founder of the AMUL cooperative. "Today 8 crore rural families produce milk daily, however, only 1.5 crore have joined the cooperative sector. This means the remaining 6.5 crore are still being exploited, they are not getting a fair price. Many times, they have to throw away milk," Shah said. Our job is to ensure that all 8 crore farmers get the full value of their hard work through th

PM Modi hails NDA leaders' meet, calls for holding such event twice a year

Prime Minister Narendra Modi has described the meeting of NDA leaders in Chandigarh on Thursday as the largest get-together of non-Congress political parties post 1975, the year Emergency was imposed, and called for holding such a conclave twice every year, a BJP statement said. Making a point about the deeper connect his government enjoys with people compared to the previous Congress-led UPA government, he said at the meeting that he has received over 4.5 crore letters in the past 10 years compared to only 5 lakh letters received by his predecessor. Manmohan Singh headed the UPA government during 2004-14. This reflects people's trust in his government, he said. Modi said at the conclave attended by 17 chief ministers and 18 deputy chief ministers from the BJP and its several allies that smooth governance, fast decision-making and transparency in governance have helped in attracting investors and investment in the states ruled by the NDA. The NDA is fulfilling the rising aspiration

MP govt nod to hand over ops of state cooperative dairies to NDDB for 5 yrs

CM Yadav says MoU with NDDB to boost milk procurement prices in 11,000 villages across the state

Govt to announce new cooperative policy in next 2-3 months: Coop secretary

The new National Cooperative Policy is almost ready and will be announced in the next 2-3 months, a top cooperation ministry official said on Monday. "We are in the last stage of finalising the new national cooperative policy. The policy will be announced in the next 2-3 months," Cooperation Secretary Ashish Kumar Bhutani told reporters on the sidelines of an event. A 47-member committee, headed by former Union minister Suresh Prabhu, has prepared the draft policy after consultation with stakeholders. "Now, further discussions are being held to finalise the policy," he added. The Secretary also informed that around 65,000 functional Primary Agricultural Cooperative Societies (PACS) will be computerised by February next year. The New National Cooperation Policy aims to realise the vision of 'Sahakar se Samriddhi', promoting the cooperative-based economic development model, strengthening the cooperative movement in the country and deepening its reach up to the grassroots.

India to host general assembly of ICA for first time during Nov 25 to 30

India will host for the first time the general assembly of International Cooperative Alliance along with a global conference in November this year, a move aimed at strengthening the cooperative movement in the country. Prime Minister Narendra Modi has been requested to inaugurate the event, which is scheduled to be held in the national capital during November 25-30. Around 1,500 distinguished guests from over 100 countries will participate. International Cooperative Alliance (ICA) is the voice for cooperatives worldwide. It is a non-profit international association established in 1895 to advance the cooperative social enterprise model. Fertiliser cooperative IFFCO has taken the initiative to host the ICA General Assembly and Global Cooperative Conference. IFFCO MD U S Awasthi said the conference will be used to showcase Indian Cooperatives' products and services in the 'Haat' setup with the theme of Indian Village. He said this event will be totally "carbon neutral". To compensate

ICA to hold general assembly in India for first time in 130 years

The mega event will be held at Bharat Mandapam and will be inaugurated by Cooperatives Minister Amit Shah

Gujarat to launch 'Cooperation Among Cooperatives' across all districts

Gujarat has successfully steered the pilot of 'Cooperation Among Cooperatives' initiative in Banaskantha and Panchmahal districts.In a landmark decision, the central government headed by Prime Minister Narendra Modi established a dedicated Ministry of Cooperation to strengthen the cooperatives nationwide, affirming the path of 'Sahkar Se Samridhhi'.According to a press release, under the successful leadership of Chief Minister Bhupendra Patel, Gujarat has successfully steered the pilot of 'Cooperation Among Cooperatives' initiative in Banaskantha and Panchmahal districts.Notably under this initiative, envisioned by Union Home & Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank deposits.Significance of Cooperation Amongst Cooperatives ModelThe initiative aims to enhance cooperation among Gujarat's ...

Plan to set up coop bank, milk producers' union in every district: HM Shah

Union Cooperation Minister Amit Shah on Saturday said the Centre has set a target to have a co-operative bank and a milk producers' union in each district of the country and also establish in the next five years multipurpose primary agriculture credit societies (PACS) in two lakh panchayats that have no cooperative institution. Addressing the 'Sahkar se Samriddhi' (Prosperity through Cooperation) programme organised to mark the 102nd International Day of Cooperatives, Shah thanked the Gujarat government for announcing a subsidy of 50 percent on Nano-urea and Nano-DAP and said their use will increase production and save the soil. He said the cooperative sector is making very important contribution in the rural and agricultural economy, and urged for the promotion of 'cooperation among cooperative' institutions. "The Union Ministry of Cooperation has taken many important steps. The government has set a target that there should not be any state or district in the country where there is

How Amul navigated the tricky terrains of India's ice cream market

Amul has expanded from 19 operational ice cream plants until last year to 25, having invested more than Rs 1,000 crore this year in capacity. It aims to double ice cream capacity in two years

WCopEF aims to create 500 campus cooperatives in universities across India

World Cooperation Economic Forum is targeting to establish 500 campus cooperatives in universities across the country to attract youth to this movement. According to a statement on Saturday, World Cooperation Economic Forum (WCopEF), along with the National Cooperative Union of India (NCUI) and Confederation of NGOs of Rural India (CNRI), will work to establish and promote 'Campus Cooperative' across various universities in the country. Under the new initiative, the forum said that it is planning to set up a 'Campus Cooperative' at Jawaharlal Nehru University (JNU) in the national capital. "There is a much greater emphasis on the cooperative sector across the country, but the participation of youths holds the key to taking the movement forward," Dileep Sanghani, Founder of WCopEF, said. "Campus Cooperative could just be the right approach to attract talented youths to the sector and propel it to greater heights," said Sanghani, who is also the Chairman of IFFCO, and President of ..

Three new coop societies will help solve many agri problems: Amit Shah

Cooperation Minister Amit Shah on Wednesday said the three new cooperative societies -- NCOL, NCEL and BBSSL -- will help solve many problems of Indian agriculture and enhance farmers' income by promoting exports of farm products, including organic foods. He was speaking after inaugurating the new office building of three national level multi-state cooperative societies -- Bhartiya Beej Sahakari Samiti Ltd (BBSSL), National Cooperative Organics Ltd (NCOL) and National Cooperative Export Ltd (NCEL) at World Trade Centre, Nauroji Nagar here. Shah stressed on the need to promote organic and natural farming, while discouraging use of chemical fertilisers. He announced that there will be a laboratory in every district over the next five years to certify organic farm and products. Shah said NCOL will promote organic farming in the country apart from cooperative Amul, which has already introduced many organic products in the market. He noted that the total global organic market is Rs 10

Building capacity

Grain storage facilities will benefit all stakeholders

PM launches grain storage project, other initiatives in cooperative sector

Speaking on occasion, Union Minister for Cooperation and Home, Amit Shah thanked the Prime Minister for facilitating investments to strengthen PACS

Centre will give all help to Maha's cooperative sector: Minister Verma

Union minister BL Verma on Saturday said the Centre will provide all help for the development of the cooperative sector in Maharashtra. The Union minister of state for cooperation was speaking at the Maharashtra State Urban Cooperative Banks Conference (MSUCBC) 2023-24 being held here. "Under the leadership of Prime Minister Narendra Modi and guidance of Union Minister for Cooperation Amit Shah, many steps have been taken for development in the country through the medium of cooperation. The Union government will provide all help for development of the cooperative sector in Maharashtra," Verma said. He said the Narendra Modi government had created a separate ministry for cooperation, which was ensuring all stakeholders were getting support and solutions were being found for problems facing the sector. Speaking on the occasion, Union minister of state for health Bharti Pawar said the government must provide help to the Nashik District Central Cooperative Bank so that the institution

Cooperatives will have big share in targeted $5 trn Indian economy: Shah

Union Minister Amit Shah on Wednesday said the aim is to ensure the cooperative sector has a big share in the Indian economy, which is projected to be USD 5 trillion by FY28, as the cooperative movement did not grow at the desired pace in the last 75 years. Shah, the Union Cooperation Minister, was addressing after inaugurating the new office of Central Registrar of Cooperative Societies (CRCS) spread over 41,000 square feet at the World Trade Centre, Nauroji Nagar in South Delhi. The building has been developed by state-owned NBCC. Shah said the new office has been acquired for Rs 175 crore. The minister highlighted that the government has taken 60 major initiatives in the last 30 months for the growth of the cooperative movement. The Cooperation Ministry was set up in July 2021. Shah said there are success stories of cooperatives since independence but the sector did not grow at a fast pace. "Now we have decided that in Modiji's USD 5 trillion economy, cooperatives will have a b

Cooperative sector sees opening of new avenues for expansion in 2023

The year 2023 saw a newly set up cooperation ministry coming out with several initiatives including model bye-laws for making PACS multipurpose and a national cooperative body to promote exports in a bid to give further boost to the cooperative movement and open new avenues for the cooperative societies for expansion. Set up in July 2021, the new ministry under the leadership of Amit Shah took historical steps for strengthening the cooperative sector in a short span of time, an official statement said. "To strengthen the cooperative movement, the Ministry of Cooperation has taken 54 major initiatives, through which all cooperative societies are getting new possibilities for their economic development and expansion," it said. Among the key initiatives taken this year, the ministry said it came out with a draft Model Bye-Laws for Primary Agricultural Credit Societies (PACS) on January 5, 2023, in order to increase their source of income and create new employment opportunities in more

BBSSL will strive to protect India's indigenous seeds, says Amit Shah

Highlighting the need to provide quality certified seeds to farmers, Shah said that BBSSL has been established to boost domestic production as well as exports of certified seeds

NCEL gets Rs 7,000 cr orders, to share profit with member farmers: Shah

Cooperation Minister Amit Shah on Monday said the newly established National Cooperative for Exports Ltd (NCEL) has bagged orders worth Rs 7,000 crore so far and the export body will share at least 50 per cent profit with member farmers over and above the support price. NCEL, which was established on January 25, is negotiating orders worth Rs 15,000 crore, he said after launching a logo, website and brochure of the cooperative export body. NCEL will help cooperative societies tap the global export market and handhold them to produce and manufacture products that comply with international standards, he added. There are about 8 lakh cooperative societies in the country with over 29 crore members. "Currently, NCEL is operating from a temporary office. We are recruiting staffers. So far, we (NCEL) have received orders of Rs 7,000 crore and negotiating orders worth Rs 15,000 crore," Shah said while addressing a national symposium here. NCEL will purchase commodities to be exported from