NEW DELHI: Union Residence Minister and Minister of Cooperation Amit Shah will launch the Nationwide Cooperative Database on Friday right here within the Nationwide Capital– one other essential initiative of the Ministry of Cooperation to satisfy Prime Minister Narendra Modi’s imaginative and prescient of “Sahakar se Samriddhi”. The Minister may even launch the ‘Nationwide Cooperative Database 2023: A Report’. Beneath this initiative, the Ministry of Cooperation has acknowledged the crucial want for a strong database to seize important details about India’s huge cooperative sector.
Collaborating with state governments, Nationwide Federations and stakeholders, a Nationwide Cooperative database has been developed to foster a cooperative-centric financial mannequin, mentioned the Ministry of Cooperation. Round 1,400 members together with Secretaries and different senior officers of central ministries and departments, extra chief secretaries and principal secretaries of cooperation from states and UTs, Registrar of Cooperative Societies (RCSs), cooperative societies, and cooperative federations and unions throughout the nation will attend the occasion. A technical workshop will probably be organized within the forenoon session to temporary and enlighten the members concerning the use and software of the Nationwide Cooperative Database (NCD) and its potential to enhance the cooperative panorama in India.
The launch of the Nationwide Cooperative Database (NCD) will probably be a milestone within the cooperative sector. The expansion of cooperatives in rural areas holds the promise of addressing financial, social, and group challenges, empowering people, assuaging poverty, and contributing to the general well-being of rural communities. This initiative signifies a constructive transformation on the grassroots degree, aligning with the imaginative and prescient of a affluent and ‘AtmaNirbhar Bharat.
The info of cooperatives was collected on the Nationwide Cooperative Database in a phased method from the varied stakeholders. Within the first part, mapping of about 2.64 lakh major cooperative societies of three sectors similar to Main Agriculture Credit score Societies (PACS), Dairy and Fisheries was accomplished.
Within the second part, knowledge of assorted Nationwide Federations, State Federations, State cooperative banks (StCB), District Central Cooperative Banks (DCCBs), City Cooperative Banks (UCBs), State Cooperative Agriculture and Rural Growth Financial institution (SCARDB), Main Cooperative Agriculture and Rural Growth Financial institution (PCARDB), Sugar Cooperative Mills, District Unions and Multi State Cooperative Societies (MSCS) have been collected and mapped.
Within the third part, knowledge of greater than 5.three lakh major cooperative societies was mapped from all of the remaining different sectors by means of the workplace of state, UTs RCS, and DRCS workplaces. Nationwide Cooperative Database is a web-based digital dashboard whereby knowledge of cooperative societies together with nationwide, state federations have been captured. The info of cooperative societies have been entered and validated by states Nd UTs nodal officers at RCS and DRCS workplaces and knowledge of federations have been offered by varied nationwide and state federations.
The Nationwide Database has collected and mapped data of about eight lakh cooperatives with collective membership of greater than 29 crores unfold throughout varied sectors within the nation. The knowledge collected from cooperative societies are on varied parameters similar to their registered identify, date, location, variety of members, sectoral data, space of operation, financial actions, monetary statements and standing of audit.
Nationwide Cooperative Database serves as a vital device for environment friendly communication between the central ministry, states, UTs, and ooperative societies, benefiting all stakeholders within the cooperative sector. Database offers complete contact particulars for registered societies, facilitating clean communication between authorities entities and these societies.
“Nationwide Cooperative Database provides a myriad of advantages that contribute to the effectivity and effectiveness of the cooperative sector like single level entry, complete and up to date knowledge, user-friendly interface, vertical and horizontal linkages, query-based studies and graphs, Administration Data System (MIS) studies, knowledge analytics and Geographical Mapping. The success of this initiative depends on efficient collaboration, correct knowledge assortment, and strategic utilization of the database to establish the sectoral gaps and accordingly make appropriate coverage and knowledgeable choice making for filling the vacuum. General, Database promotes transparency and collaboration throughout the cooperative sector,” the Ministry mentioned.
