Last updated on August 10th, 2023 at 04:46 pm
Estimated reading time: 1 minute
The Ministry of Cooperation has started the process of developing a National Cooperative Database with the proactive participation of various States/UTs, NCUI and National Federations, and statutory bodies such as NABARD, NDDB, and NFDB.
The Cooperative Registry should be updated regularly to ensure that the data it contains is accurate and up to date.
The proposed Database will help all stakeholders in policy-making and implementation to strengthen the cooperative movement in the country. agriculture, non-agriculture, and service
After extensive consultation with all stakeholders, including State Governments and Union Territories, the Ministry of Cooperation has prepared model bye-laws for Primary Agricultural Credit Societies (PACS).
These Model Byelaws will enable PACS to be established as a vibrant economic center at the Village/Panchayat level, capable of taking on more than 25 activities, including dairy, fisheries, LPG/Petrol/Diesel dealership agency, banking correspondent, and common service centers. The primary credit societies will be helped by this.
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