Amit Shah launched the National Cooperative Database in the National Capital almost nine months ago, in March. It aimed to capture vital information about India’s vast cooperative sector. The Minister had stated that the launch of the database—an important initiative by the Ministry of Cooperation to fulfill Narendra Modi’s vision of “Sahakar se Samriddhi”—would “speed up the cooperative sector.”
The Ministry of Cooperation recognized the urgent need for a robust database to capture information about India’s cooperative sector. The growth of cooperatives in rural areas holds the responsibility of addressing social economic and community challenges, empowering individuals, eradicating poverty, and helping in the overall well-being of rural communities. The data was collected for the National Collective Database in a rigged manner from stakeholders. The First Phase mapped around 2.64 lakh primary cooperative societies in three societies including Primary Agriculture Credit Sources (PACS), Dairy, and Fisheries were completed.
During the Second phase, data from various National Federations, State Federations, State Cooperative Banks (StCB), District Central Cooperative Banks (DCCBs), Urban Cooperative Banks (UCBs), State Cooperative Agriculture and Rural Development Banks (PCARDB), Sugar Cooperative Mills, District Unions, and Multi-State Cooperative Societies (MSCS) were collected.
The third phase has data from more than 5.3 lakh primary cooperative societies. The data was mapped from all the remaining sectors. The National Cooperative Database serves as an important tool for efficient communication among the central ministry, states, UTs, and cooperative societies which will benefit all stakeholders in the sector. The database provides comprehensive contact details for registered societies. It has a range of benefits like single-point access, comprehensive and updated data, a user-friendly interface, and many more. Overall, the database is an effective tool for enabling transparency and collaboration within the cooperative sector. Keep Reading Questiqa.in for more updates.
