Author: SahkarNet

The Cooperatives and Mutuals Leadership Circle (CM50) held its soft launch meeting on 22 January, bringing together 35 cooperative and mutual leaders from across the world, including several from the World Cooperative Monitor list. This event marks the beginning of a focused initiative by the International Cooperative Alliance (ICA) to enhance the market presence of cooperatives and mutuals in alignment with the UN 2030 Agenda for Sustainable Development and beyond. With the 2025 International Year of Cooperatives (IYC2025) as a key milestone, CM50’s primary objective is to introduce a Charter and a Commitment Plan during the Second UN World Summit…

With only a week remaining for the government’s market intervention programme to conclude, procurement agencies Nafed and NCCF, the two national level co operative organizations, have achieved a record procurement of 1.63 million tonnes (MT) of soybean from farmers under the Minimum Support Price (MSP) scheme across six states. As per news reports, total soybean procurement in the ongoing 2024 kharif season is expected to exceed 1.7 MT by the time operations conclude next week. This marks a significant jump from the 2023 kharif season, when only 70,000 tonnes were procured under MSP. Among the six states where procurement took…

The Nepal government on Monday formally established the National Cooperative Regulatory Authority (NCRA) to tackle longstanding issues in the cooperative sector and safeguard depositors’ interests. This development follows a Cabinet decision on December 25 to dissolve the National Cooperative Development Board (NCDB) and replace it with the NCRA via an ordinance. The ordinance, authenticated by President Ramchandra Paudel on December 29, grants the NCRA greater regulatory powers. Inauguration of the Authority Minister for Land Management, Cooperatives, and Poverty Alleviation, Balaram Adhikari, inaugurated the NCRA’s office in Lalitpur. During the ceremony, Minister Adhikari expressed optimism about the Authority’s ability to hold…

Date: 24 January, 2025 Time: 04.30 PM Location: Mumbai, India Organizer: NUCFDC & Ministry of Cooperation, Govt. of India. Brief Details: Hon’ble Union Home and Cooperation Minister Shri Amit Shah will address the inauguration ceremony of the International Year of Cooperatives 2025 and unveil several key initiatives on 24th January, 2025 at the NESCO Centre, Goregaon, Mumbai, Maharashtra. The event includes unveiling of annual list of activities for the International Year of Cooperatives 2025. In all, the follwoing four key inittaive will be launched / kick – started during the event: To attend online, please visit: https://www.youtube.com/live/tA11tssFFvo

The National Fisheries Digital Platform (NFDP) has started the selection process to transform fish cooperatives into Fish Farmer Producer Organizations (FFPOs). The National Fisheries Digital Platform (NFDP) is a pioneering initiative launched by the Department of Fisheries under the Ministry of Fisheries, Animal Husbandry, and Dairying, Government of India. The platform’s development is envisioned as part of the Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY), a sub-scheme of the broader Pradhan Mantri Matsya Sampda Yojana (PMMSY). The current initiative seeks to enhance both marine and inland fisheries across India by utilizing the extensive network of fish cooperatives comprising millions of…

The National Federation of Cooperative Sugar Factories (NFCSF) today convened a high-level brainstorming session in Pune to deliberate on strategies for boosting ethanol production within the cooperative sugar sector. Chaired by NFCSF President Harshvardhan Patil, the meeting gathered key stakeholders and experts from across India. Stakeholders and Participants The session was attended by prominent figures, including Managing Directors of cooperative sugar factories and State Sugar Federations, NFCSF officials, and representatives from key government bodies. Participants included D.K. Verma, Director of the Union Ministry of Cooperation, Girraj Agnihotri, Director of the National Cooperative Development Corporation (NCDC), Dr. Kunal Khemnar, Sugar Commissioner…

The Ministry of Cooperation, Govt. of India has massive plans to celebrate the International Year of Cooperatives-2025 to showcase the enduring impact of cooperatives in India. This initiative aligns with the United Nations General Assembly’s declaration of 2025 as the International Year of Cooperatives under the theme “Cooperatives Build a Better World.” Earlier in November, 2024 Prime Minister Narendra Modi launched the International Year of Cooperatives 2025, emphasizing the pivotal role of cooperatives in creating a better world. Strategic Vision for IYC-2025 The Ministry has constituted a national committee, IYC National Cooperative Committee (IYC – NCC), under the chairmanship of Secretary…

The BusinessLine Agri and Commodity Summit 2025, held in New Delhi, spotlighted the pressing issue of climate change and its profound impact on agriculture. The event brought together policymakers, industry leaders, and experts to discuss adaptive and mitigative strategies for creating a resilient agricultural sector. Government’s Dual Strategy: Adaptation and Mitigation Union Agriculture Secretary Devesh Chaturvedi outlined the government’s two-pronged approach to address the challenges posed by climate change. The adaption measures include developing drought and flood resilient crop varieties, implementing efficient water management system and protecting farmers against extreme weather-induced losses through better crop insurance coverage. To mitigate these…

To fulfill Prime Minister Shri Narendra Modi Ji’s vision of “Sahkar se Samriddhi,” a dedicated Ministry of Cooperation was established on July 6, 2021. Under the leadership of India’s first Union Minister of Cooperation, Shri Amit Shah, the Ministry has introduced numerous initiatives and groundbreaking measures to strengthen and revitalize the cooperative sector. Over the past three years, it has implemented 56 major initiatives, fostering economic growth and enabling the expansion of cooperative societies nationwide. The details and progress of these initiatives are as follows: Under the leadership of Prime Minister Shri Narendra Modi Ji and Union Home Minister Shri…

In a significant stride for India’s cooperative sector, Union Home & Cooperation Minister Amit Shah inaugurated 10,000 newly established Multipurpose Primary Agricultural Credit Societies (MPACS) alongside Dairy and Fisheries Cooperative Societies in New Delhi. The landmark event, which coincided with the birth anniversaries of Pandit Madan Mohan Malviya and former Prime Minister Shri Atal Bihari Vajpayee, underscored the government’s commitment to bolstering rural economies and empowering farmers. A Tribute to Visionaries The Minister paid homage to Atal Bihari Vajpayee, crediting his visionary leadership for transformative initiatives, including the establishment of a separate ministry for tribal affairs, the Golden Quadrilateral highways,…