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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement