Author: SahkarNet

As per reports, a court in Port Blair has granted bail to seven individuals implicated in the alleged ₹500 crore fraud at the Andaman & Nicobar State Cooperative Bank Ltd. (ANSCBL). Those granted bail include: M. Sajid (owner of Andaman Escapades), Tarun Mondal (director of Blair Enterprises Pvt Ltd), Bablu Halder (director of Andaman Mormon Infrastructure Pvt Ltd), Ajay Minz (director of Andaman Treepie Adventure Pvt Ltd), K. Subramanian (former ANSCBL director), and the bank’s former chairman and sitting MP Kuldeep Rai Sharma, as well as ex-MD K. Murugan and bank employee Kalaivanan. However, Sharma, Kalaivanan and Murugan remain in…

The Enforcement Directorate (ED) on Friday conducted searches at the Nemom Service Cooperative Bank in Thiruvananthapuram, where financial irregularities worth nearly ₹97 crores were detected earlier this year. The ED team from Kochi led the operation, which covered both the bank premisesand the residences of board members. The case came to light after the bank failed to repay several depositors, prompting a detailed inquiry by the Cooperative Department. The investigation uncovered large-scale mismanagement and financial irregularities, resulting in losses amounting to several crores of rupees. The Crime Branch, which had investigated the case, arrested three individuals, including the bank’s president…

NDDB, बेंगलुरु में DTC–JICA के सहयोग से आयोजित ‘व्यवसाय अभिवृद्धि कार्यक्रम’ (Business Appreciation Programme) ने डेयरी क्षेत्र के अधिकारियों के लिए ज्ञान और दक्षता का नया द्वार खोला है। इस गहन डेयरी व्यवसाय प्रशिक्षण में बिहार, पंजाब और उत्तर प्रदेश के प्रमुख दुग्ध संघों के अधिकारी शामिल हुए, जिसका उद्देश्य उनकी पेशेवर क्षमताओं को बढ़ाना था। प्रशिक्षण का मुख्य उद्देश्य और विषय यह DTC-JICA कार्यक्रम प्रतिभागियों को डेयरी व्यवसाय संचालन के महत्वपूर्ण पहलुओं की गहन समझ प्रदान करने पर केंद्रित था। प्रशिक्षण के मुख्य बिंदु (Focus Areas) निम्नलिखित थे: व्यावहारिक अनुभव से बढ़ी दक्षता प्रशिक्षण का एक मुख्य आकर्षण बेंगलुरु…

In a historic moment for India’s cooperative movement, Amul and IFFCO have been ranked first and second globally among the world’s top cooperatives. The recognition marks a major milestone for India’s cooperative sector, reflecting its growing global influence and success. Prime Minister Narendra Modi congratulated both organizations, calling India’s cooperative sector “vibrant and transformative” and reaffirming the government’s commitment to “further encourage this sector in the times to come.” Union Home and Cooperation Minister Amit Shah hailed the achievement as “a proud moment for Bharat,” praising the tireless dedication of millions of women and farmers who power these cooperatives. He…

With record disbursements and new policy support, NCDC is driving inclusive, technology-led rural transformation. National Cooperative Development Corporation (NCDC), a statutory organization under the Ministry of Cooperation, continues to strengthen India’s cooperative ecosystem with impressive financial performance and targeted development initiatives. As of October 2025, NCDC has disbursed ₹49,799.06 crore for FY 2025–26, signalling robust progress and confidence in the cooperative sector. In the previous year, the Corporation disbursed ₹95,182.88 crore, marking a remarkable surge from just ₹5,735.51 crore in 2014–15. This tenfold growth underscores NCDC’s pivotal role in advancing the Government’s vision of “Sahkar Se Samriddhi” — prosperity through…

In a breakthrough for the North East’s cooperative sector and cooperative-led development, the first meeting of the North East States Cooperative Unions’ Forum (NESCUF) was convened at the Sikkim State Cooperative Union (SICUN) campus in Assam Lingzey. The forum brought together delegates from Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, and Sikkim under the theme “Together We Rise: Strengthening the Cooperative Future of the North East.” Platform for Regional Synergy and Policy Dialogue The NESCUF serves as a unified platform for all North Eastern State Cooperative Unions to deliberate on policies, share best practices, and explore collaborative initiatives to…

राष्ट्रीय एकता दिवस के अवसर पर सहकारिता मंत्री श्री इन्द्रराज सिंह ने यह संकल्प दोहराया कि राजधानी दिल्ली को “सहकार से समृद्धि” के मंत्र के अनुरूप आत्मनिर्भरता और सामूहिक विकास का प्रतीक बनाया जाएगा। उन्होंने कहा कि प्रधानमंत्री श्री नरेन्द्र मोदी और गृह एवं सहकारिता मंत्री श्री अमित शाह के नेतृत्व में देश भर में सहकारिता आंदोलन सामाजिक, आर्थिक और ग्रामीण परिवर्तन का सशक्त माध्यम बन रहा है। यह आंदोलन किसानों, महिलाओं और युवाओं को एकजुट कर नए भारत की सहकारी भावना को नई ऊर्जा प्रदान कर रहा है।

Date: 23-24 November 2025 Time: Full day Location: Colombo, Sri Lanka Organizer: ICA-AP Committee on Cooperative Research (CCR), in collaboration with SANASA Federation and SANASA Campus. Brief Details: The ICA-AP Committee on Cooperative Research (CCR), in partnership with the SANASA Federation and SANASA Campus, has announced a call for papers for the 19th ICA Asia-Pacific Research Conference, scheduled for 23–24 November 2025 in Colombo, Sri Lanka. Guided by the theme “Cooperatives Build a Better World,” the conference will highlight how cooperatives contribute to sustainability, resilience, and inclusive growth across the region. The event offers an excellent platform for researchers, academicians,…

In a defining moment for India’s cooperative movement, the Gujarat Cooperative Milk Marketing Federation (GCMMF), popularly known as Amul, has been ranked the No. 1 cooperative in the world based on GDP per capita, according to the ICA–Euricse World Cooperative Monitor 2025 released at the ICA CM50 Conference in Doha, Qatar earlier today. This global recognition positions Amul as a benchmark for cooperative excellence, highlighting the strength and scalability of India’s farmer-owned enterprises on the world stage. AMUL Climbs to the Top in Global Rankings World Cooperative Monitor report, which tracks the world’s largest co-operative and mutuals, includes a unique…

In order to restore trust in hiring process in cooperative banks, Maharashtra government has directed that all recruitment for District Central Cooperative (DCC) Banks be conducted only through recognised agencies — IBPS, TCS-iON or MKCL. The decision follows complaints from citizens and public representatives about irregularities in past recruitments handled by local agencies, reports HT. The state has cancelled the earlier panel of agencies prepared by the Commissioner for Cooperation and the Registrar of Cooperative Societies, Pune and the rule applies even to vacancies already advertised. Under the new policy, 70% of posts will be reserved for local candidates holding…