Author: SahkarNet

In a significant move to uphold governance standards in cooperatives, the Board of Directors of the Chandigarh State Cooperative Bank Ltd. has officially removed Kamal Kant Sharma from the position of elected Director with immediate effect after he failed to attend three consecutive board meetings without providing any explanation. The decision was taken during the board meeting held on April 28, 2025, which saw the participation of nine directors. The action came under the purview of Registered Bye-Law No. 36, which allows for removal of a board member in case of unexcused absences from three consecutive meetings. Sharma failed to…

In a detailed written reply to a question in the Rajya Sabha, Union Home and Cooperation Minister, Amit Shah, outlined the Government of India’s multifaceted initiatives to commemorate the United Nations–declared International Year of Cooperatives (IYC) – 2025. Themed “Cooperatives Build a Better World,” this year-long celebration is being spearheaded by the Ministry of Cooperation to underline the pivotal role cooperatives play in advancing inclusive, participatory, and sustainable development in line with the UN Sustainable Development Goals (SDGs). Policy-Driven Celebration of IYC–2025 Shah informed the Parliament that the Ministry has prepared a comprehensive Annual Action Plan for IYC–2025 in consultation…

In a major development set to significantly bolster India’s agricultural supply chain, three Indian fertilizer companies — KRIBHCO, IPL (Indian Potash Ltd), and Coromandel International Ltd. — have signed long-term agreements with Ma’aden, Saudi Arabia’s leading mining and phosphate company, for the annual import of 3.1 million metric tonnes of Diammonium Phosphate (DAP). The agreements were formalized during the official visit of Union Minister for Chemicals & Fertilizers and Health & Family Welfare, Shri JP Nadda, to Dammam and Riyadh from July 11–13, 2025. To the uninitiated, Saudi Arabia is a major source of India’s fertilizer imports whereas Ma’aden is…

As an initiative to commemorate the International Year of Cooperatives 2025, the National Cooperative Union of India (NCUI) organized a Study Exposure Visit to Gujarat from 3rd to 7th July 2025. The visit aimed to provide cooperative representatives from across India an opportunity to witness and learn from Gujarat’s dynamic and successful cooperative models. A highlight of the program was the participation of delegates in the Bhoomi Pujan ceremony of the upcoming Tribhuvan Sahakari University in Anand on 5th July, performed by Hon’ble Union Home and Cooperation Minister Shri Amit Shah. The occasion underscored the government’s commitment to strengthening the…

As part of the ongoing celebrations for the International Year of Cooperatives, Union Home Minister and Minister of Cooperation Shri Amit Shah engaged in a meaningful dialogue titled ‘Sahkar Samvad’ with women cooperative workers from Gujarat, Madhya Pradesh, and Rajasthan. The event, held in Ahmedabad, showcased the government’s renewed commitment to empowering rural communities, especially women, through cooperative reforms and grassroots dialogue. The interaction brought together hundreds of women who are active participants in various cooperative initiatives, providing a platform to share experiences, gather feedback, and outline a clear roadmap for the future of India’s cooperative sector. Honouring the Legacy…

In a powerful display of progress and promise, Union Home Minister and Minister of Cooperation Shri Amit Shah addressed a landmark event in Anand to mark four years of the Ministry of Cooperation and commemorate the 150th birth anniversary year of Sardar Vallabhbhai Patel. The celebration also witnessed the launch of several significant cooperative sector initiatives, reinforcing Anand’s role as the beating heart of India’s cooperative movement. Key Highlights from the Day These initiatives underscore the government’s commitment to strengthening India’s cooperative framework at the grassroots and national levels. “The Ministry has breathed new life into more than 8.4 lakh…

In a historic moment for India’s cooperative sector, Union Home Minister and Minister of Cooperation Shri Amit Shah today performed the Bhoomi Poojan of the country’s first cooperative university — “Tribhuvan” Sahkari University — in the cooperative capital of India, Anand, Gujarat. The ceremony was graced by Gujarat Chief Minister Shri Bhupendrabhai Patel, Union Ministers of State for Cooperation Shri Krishan Pal Gurjar and Shri Muralidhar Mohol, and Secretary of the Ministry of Cooperation, Dr. Ashish Kumar Bhutani, among other dignitaries. A Vision Realized for the Cooperative Sector Speaking on the occasion, Shri Amit Shah described the day as a…

In a vibrant and impactful gathering at the Dr. Ambedkar International Centre, New Delhi, the National Federation of Cooperative Sugar Factories (NFCSF) hosted its prestigious National Efficiency Awards Ceremony, recognizing excellence across India’s cooperative sugar industry. The event, attended by key dignitaries, celebrated not just the achievements of cooperative sugar mills but also placed focus on policy direction, bioenergy integration, and the growing role of technology in agriculture. A Vision for Balance and Growth Delivering the keynote address, Union Minister for Consumer Affairs, Food and Public Distribution and New and Renewable Energy, Shri Pralhad Joshi, reaffirmed the government’s commitment to…

A national workshop focused on the integration of emerging technologies in Primary Agricultural Credit Societies (PACS) was held today at PHD House in the capital. Organised in collaboration with PHDCCI, the event brought together key stakeholders from across the cooperative ecosystem, including officials from NABARD, NCDC, IFFCO, KRIBHCO, and other cooperative institutions. The inaugural session was addressed by the Secretary, Ministry of Cooperation, Dr. Ashish Kumar Bhutani, who highlighted the growing relevance of PACS in India’s rural credit structure. The workshop was attended by 122 PACS representatives from 12 states, along with senior officials from central and state governments and…

In India, cooperative societies with objects confined to one state are governed by the cooperative laws of the respective state, while those with objects in multiple states are governed by the central law i.e. the Multi-State Co-operative Societies Act, 2002, MSCS (Amendment) Act, 2023, MSCS Rules, 2002 and MSCS (Amendment) Rules, 2023. Here is the list of State Cooperative Acts in India: Sr. NoStateURL1Andhra Pradeshhttp://www.bareactslive.com/AP/AP148.HTM2Arunachal Pradeshsites/default/files/inline-files/ind119061.pdf3Assamhttps://coop.assam.gov.in/documents/acts-14Biharsites/default/files/inline-files/biharco-operativesocietiesact-1935.pdfsites/default/files/inline-files/2013Bihar6_0.pdf5Chhattisgarhhttp://www.bareactslive.com/Ch/cg093.htm6Goasites/default/files/inline-files/ocrco-operative_socoeties_act%20%281%29.pdf7Gujaratsites/default/files/inline-files/The-Gujarat-Co-operative-Societies-Act-1961.pdf8Haryanasites/default/files/inline-files/HARYANA-CO-OPERATIVE-SOCIETIES-ACT.pdf9Himachal Pradeshsites/default/files/inline-files/THE%20HIMACHAL%20PRADESH%20CO-OPERATIVE%20SOCIETIES%20ACT%2C%201968-88398128.pdf10Jharkhandsites/default/files/inline-files/Jharkhand-Co-operative-Societies-Act-2008.pdf11Meghalayahttps://www.indiacode.nic.in/bitstream/123456789/17682/1/Athe_meghalaya_cooperative_societies_act_2015.pdf12Mizoramhttp://extwprlegs1.fao.org/docs/pdf/ind90520.pdf13Odishahttps://coop.odisha.gov.in/notification/act-rule14Punjabhttps://chandigarh.gov.in/sites/default/files/August21/Copy%20of%20Act%201961.pdf15Telanganahttps://cooperation.telangana.gov.in/Acts_Rules.aspx16UPhttp://www.bareactslive.com/ALL/UP316.HTM17UTTARAKHANDhttps://cooperative.uk.gov.in/pages/display/146-uttarakhand-cooperative-act-200318West Bengalhttps://wbstcb.com/app/webroot/files/acts_pdf/WBSCB%20Act%202006.pdf19Tamil Naduhttps://www.indiacode.nic.in/bitstream/123456789/13260/1/the_tamilnadu_cooperative_societies_act-1983.pdf20Tripurahttp://bareactslive.com/TRI/tri019.htm21Sikkimhttps://prsindia.org/files/bills_acts/acts_states/sikkim/1978/1978Sikkim12.pdf22Rajasthanhttps://bccbbundi.org.in/PDF/pdfrajasthan_cooperative_act.pdf23Nagalandsites/default/files/inline-files/the_nagaland_co-operative_societies_act_2017.pdf ;24Manipurahttps://www.indiacode.nic.in/bitstream/123456789/13393/1/the_manipur_co-operative_societies_act%2C_1976.pdf26Maharashtrasites/default/files/inline-files/MCS%20Bare%20Act%20and%20Rules.pdf25Madhya Pradeshsites/default/files/inline-files/MP-Act-1960.pdf26Kerlasites/default/files/inline-files/kcs_act_1969.pdf28Karnatakasites/default/files/inline-files/11of1959%28E%29.pdf Acts of UTs Sr. NoStateLINK1Chandigarhhttps://chandigarh.gov.in/sites/default/files/August21/Copy%20of%20Act%201961.pdf2Jammu & Kashmirhttps://jkcooperatives.nic.in/pdfs/Act%20of%201989.pdf3Puducherryhttps://cooperative.py.gov.in/pcs-act-1972