Author: SahkarNet

At the international conference Co-Op Kumbh 2025 in New Delhi, Union Home Minister and Minister of Cooperation, Amit Shah, launched two groundbreaking digital platforms — ‘Sahkar Digi-Pay’ and ‘Sahkar Digi-Loan’ — to accelerate the digital transformation of India’s cooperative banking ecosystem. Developed under the umbrella organization of Urban Cooperative Banks, the new apps will enable even the smallest cooperative banks to offer secure digital payment and loan services. Shah stated that these platforms would become symbols of the cooperative sector’s participation in the nation’s ongoing digital revolution. Analytically, the move represents a strategic modernization effort—aligning with the government’s broader vision…

Dargaville (New Zealand): Dr. Meenesh Shah, Chairman of the National Dairy Development Board (NDDB) and Indian Immunologicals Ltd (IIL), attended the 10th anniversary celebration of Pristine Biologicals (NZ) Ltd (PBNL) — a subsidiary of IIL — marking a decade of excellence in vaccine raw material manufacturing and India–New Zealand collaboration. The event was graced by Mr. Andrew Hoggard, Hon’ble Minister for Biosecurity, Environment & Associate Minister for Agriculture, Government of New Zealand, as Chief Guest, alongside dignitaries including Hon. Jonathan Larsen, Mayor of Dargaville; Dr. K. Anand Kumar, MD, IIL; and officials from India’s Consulate, MPI New Zealand, and Silver…

Union Home Minister and Minister of Cooperation Amit Shah today addressed the international conference on the urban cooperative credit sector, “Co-Op Kumbh 2025,” in New Delhi, underscoring the government’s commitment to modernizing India’s cooperative ecosystem. The ‘Delhi Declaration 2025’ Organized by NAFCUB, the event marks a significant milestone in the International Year of Cooperatives, with the adoption of the ‘Delhi Declaration 2025’ — a strategic roadmap for expanding Urban Cooperative Banks (UCBs) across India. Highlighting the sector’s rapid transformation, Shah announced that within the next five years, an Urban Cooperative Bank will be established in every city with a population exceeding…

With the objective to strengthen the cooperative movement at the grassroots level, Tripura’s Minister for Industry and Commerce, Santana Chakma, chaired a preparatory meeting in Dhalai district ahead of the 72nd All India Cooperative Week celebrations scheduled from November 14 to 20, 2025. The meeting brought together senior officials, district administrators, and representatives of cooperative societies to finalise arrangements for the state-level celebration. Discussions focused on ensuring wider participation of primary cooperative societies, planning awareness programmes, and highlighting the success stories of Tripura’s cooperative initiatives. Minister Santana Chakma emphasised that the cooperative model remains a vital tool for rural development,…

In the heart of Telangana’s tribal belt, a group of determined Adivasi women from Utnoor in Kumuram Bheem–Asifabad district have turned traditional knowledge into a ₹1.27 crore success story. The Bheem Bhai Tribal Women’s Cooperative Society is an inspiring example of tribal entrepreneurship, women empowerment, and sustainable livelihoods powered by cooperation. With the guidance of the Integrated Tribal Development Agency (ITDA) Utnoor and TRICOR, this all-women cooperative transformed a forest flower into a profitable product line that supports over 100 tribal families. Their innovation — the nutritious Ipappuvvu laddu — has become a symbol of how cooperative enterprise can change…

The Government of India notified on Saturday new Rules for Sustainable Harnessing of Fisheries in the Exclusive Economic Zone (EEZ), marking a major policy shift toward sustainable marine resource management and cooperative-led growth. These rules align with the vision of a prosperous and inclusive Blue Economy, with a particular focus on empowering small-scale fisheries, Fishermen Cooperatives and Fish Farmer Producer Organizations (FFPOs). Boosting Cooperative and Community-Led Deep-Sea Fishing Under the new framework, priority access is granted to fishermen cooperatives and FFPOs for deep-sea fishing operations. This move aims to enhance productivity, value addition, and seafood exports through better traceability and…

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…