Aizawl Hosts First Regional Cooperative Reform Conference
ECONOMY & POLICY

Aizawl Hosts First Regional Cooperative Reform Conference

The Ministry of Cooperation organised the second regional conference on cooperative reforms in Aizawl, Mizoram, under the national vision of Sahkar se Samriddhi and the leadership of the Union Home Minister and Minister of Cooperation. The event was the first regional cooperative reform conference in the state and formed part of a national series of workshops to strengthen grassroots cooperative institutions across the North-East.

Delegates from all North-Eastern states attended alongside officials from national cooperative institutions such as the National Bank for Agriculture and Rural Development (NABARD) and the National Cooperative Development Corporation (NCDC). States presented progress on Primary Agricultural Credit Societies, cooperative banking, grain storage, dairy and fisheries cooperatives and value-chain development for organic and indigenous products.

The Ministry said the North-East is a priority region owing to strengths in organic farming, horticulture, spices, fisheries, bamboo and forest produce and that cooperative models can enhance rural livelihoods and market access. The Secretary said a uniform model would be ineffective and called for state-specific solutions and adaptive guidelines. The Ministry added that it engages with states through monthly video conferences and periodic review meetings to improve coordination and address implementation challenges.

The Secretary outlined plans to support capacity building, including manpower and financial assistance for state cooperative banks and grassroots implementation. He said efforts are underway to standardise technology platforms across urban cooperative banks to reduce duplication and improve efficiency, noting that about 1,500 banks procure technology services independently. The Ministry indicated coordination with the Food Corporation of India (FCI) and other agencies to streamline storage and distribution, and that an ambitious grain storage plan is being pursued in mission mode.

Sessions on value chains, cyber security preparedness and cooperative banking reforms featured contributions from national cooperative institutions and state cooperative departments. A project has been sanctioned to North Eastern Development Finance Corporation (NEDFi) to study revival of cooperatives in three North-Eastern states for replication, and the conference concluded with a collective commitment by Centre, states and cooperatives to strengthen cooperative-led development and support Viksit Bharat 2047.

The Ministry of Cooperation organised the second regional conference on cooperative reforms in Aizawl, Mizoram, under the national vision of Sahkar se Samriddhi and the leadership of the Union Home Minister and Minister of Cooperation. The event was the first regional cooperative reform conference in the state and formed part of a national series of workshops to strengthen grassroots cooperative institutions across the North-East. Delegates from all North-Eastern states attended alongside officials from national cooperative institutions such as the National Bank for Agriculture and Rural Development (NABARD) and the National Cooperative Development Corporation (NCDC). States presented progress on Primary Agricultural Credit Societies, cooperative banking, grain storage, dairy and fisheries cooperatives and value-chain development for organic and indigenous products. The Ministry said the North-East is a priority region owing to strengths in organic farming, horticulture, spices, fisheries, bamboo and forest produce and that cooperative models can enhance rural livelihoods and market access. The Secretary said a uniform model would be ineffective and called for state-specific solutions and adaptive guidelines. The Ministry added that it engages with states through monthly video conferences and periodic review meetings to improve coordination and address implementation challenges. The Secretary outlined plans to support capacity building, including manpower and financial assistance for state cooperative banks and grassroots implementation. He said efforts are underway to standardise technology platforms across urban cooperative banks to reduce duplication and improve efficiency, noting that about 1,500 banks procure technology services independently. The Ministry indicated coordination with the Food Corporation of India (FCI) and other agencies to streamline storage and distribution, and that an ambitious grain storage plan is being pursued in mission mode. Sessions on value chains, cyber security preparedness and cooperative banking reforms featured contributions from national cooperative institutions and state cooperative departments. A project has been sanctioned to North Eastern Development Finance Corporation (NEDFi) to study revival of cooperatives in three North-Eastern states for replication, and the conference concluded with a collective commitment by Centre, states and cooperatives to strengthen cooperative-led development and support Viksit Bharat 2047.

Next Story
Equipment

Liebherr Excavators Win Red Dot Top Honour

Liebherr’s new A 909 Compact and A 911 Compact Litronic wheeled excavators have received the ‘Red Dot: Best of the Best’ award in the Product Design 2026 discipline of the Red Dot Award. The highest honour recognises visionary and exceptionally outstanding product design.The two models, first presented to the public last year, expand Liebherr’s wheeled excavator portfolio. With their compact structure, strong performance and user-oriented design, the A 909 Compact and A 911 Compact set new standards in the compact wheeled excavator segment.The new wheeled excavator series from Liebherr..

Next Story
Real Estate

NYSE Expands Original Market Programming

The New York Stock Exchange offers a wide range of original programming focused on finance, markets and business leadership. Its Market Update provides a one-minute preview of equity moves, economic data and developments from NYSE-listed and private companies, including major milestones, partnerships and exchange launches.NYSE Live, its flagship morning show, features real-time market action, the Opening Bell, trading floor updates, company stories and interviews. The exchange also presents an Interview Series with industry leaders and innovators, while the Inside the ICE House podcast offers ..

Next Story
Technology

Syrma SGS FY26 Revenue Rises 27%

Syrma SGS Technology reported strong financial performance for FY26, with revenue growing 27 per cent to Rs 48.19 billion. Operating EBITDA increased to Rs 5.45 billion, supported by stronger execution, positive operating cash flow and reduced net working capital days.Managing Director Jasbir Singh Gujral said FY26 was a strong year of execution for the company. Syrma SGS strengthened its presence across automotive, industrial, healthcare and defence verticals, while exports grew 41 per cent and crossed Rs 12 billion.The company also advanced its strategic growth plans through the consolidatio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement