CoopNews™
Updates from India's cooperative sector
Government to roll out 20-year cooperative policy; aims 2 lakh PACS by February 2026: Amit Shah
NEW DELHI: In a sweeping reform aimed at reviving India's cooperative movement and boost employment, Union home and cooperation minister Amit Shah on Monday announced that the National Cooperative Policy 2025–2045 will be unveiled soon, to establish at least one cooperative in every Indian village w
Multi-State Cooperative Societies Amendment Bill: Cabinet gives nod to amendments in Multi-State Cooperative Societies Act to improve ease of doing business
To make the governance of multi-state cooperative societies more democratic, transparent, and accountable, the bill has provisions for setting up of Cooperative Election Authority, Cooperative Information Officer, and Cooperative Ombudsman, I&B Minister Anurag Thakur said. In a bid to improve th
11 AUGUST 2026Railway cooperative societies asked to align bye-laws with amended Act
Cooperative Election Authority (CEA) on Monday called on railway employee cooperative societies to align their bylaws with amended legislation, as the regulator works to strengthen democratic governance in the sector. The meeting brought together representatives from 16 multi-state cooperative socie
11 AUGUST 2026Union Minister Amit Shah launches India’s first cooperative-based ride-hailing platform, Bharat Taxi
Union Home and Cooperation Minister Amit Shah today officially launched India’s first cooperative-based ride-hailing platform, Bharat Taxi, in New Delhi. Bharat Taxi is India’s first cooperative-led ride-hailing platform registered under the Multi-State Cooperative Societies Act, 2002. The platform
10 AUGUST 2026Lok Sabha Passes Multi-State Cooperative Societies (Amendment) Bill
Piloting the bill, Amit Shah said the provisions in the bill will initiate a new era for the sector, which has been ignored by the previous governments. New Delhi: The Lok Sabha on Tuesday passed the Multi-State Cooperative Societies (Amendment) Bill, which seeks to strengthen cooperatives by making
10 AUGUST 2026RBI to resume urban cooperative banks' licensing after 22-year pause, review rural bank rules
The Reserve Bank of India Governor Sanjay Malhotra on Wednesday announced two measures to strengthen the cooperative banking sector and a separate proposal to improve transparency in lending rates, at the conclusion of the August Monetary Policy Committee (MPC) meeting. The two cooperative-sector me
06 AUGUST 2026Amit Shah to unveil new National Cooperative Policy: What it means for India’s cooperative sector
The new framework aims to modernise India’s cooperative movement, bringing millions under its fold and redefining its role in the economy by 2045. Union Home Minister Amit Shah will unveil a new National Cooperative Policy on Thursday, replacing the one in place since 2002. According to the Cooperat
05 AUGUST 2026India: gov’t speeds up multi-state cooperative registration, reduces approval period
The registration process for Multi-State Cooperative Societies in India has been streamlined and made time-bound following amendments to the Multi-State Cooperative Societies Act in 2023, with the Centre introducing an online application system and reducing the approval timeline, informed Amit Shah,
05 AUGUST 2026No independent assessment of PACS functioning as mutli-purpose PACS: Shah tells Kangana Ranaut
NEW DELHI, Aug 4: The government has so far not contemplated an independent assessment of the functioning of Primary Agricultural Credit Societies (PACS) operating as Multi-Purpose PACS in Himachal Pradesh, Cooperation Minister Amit Shah told Parliament on Tuesday. Responding to a question from BJP
05 AUGUST 2026New multi-State milk co-operative set up in Gujarat to source milk from 20 States & 2 UTs, including Tamil Nadu and Karnataka
A new multi-State co-operative , that will engage in collection of milk in 20 States and 2 Union Territories — including Karnataka and Tamil Nadu — was announced at an event in Gujarat on Sunday. Christened as ‘Sardar Patel Co-operative Dairy Federation Ltd,’ the co-operative body has been registere
05 AUGUST 2026Home Minister Amit Shah unveils multiple development projects worth over Rs 800 crore in Bihar
Union Home and Cooperative Minister Amit Shah dedicated to the nation and laid the foundation stone of several development projects and schemes worth over 800 crore rupees in Bihar. Speaking on the occasion on Sunday, Mr Shah praised Prime Minister Narendra Modi for establishing a dedicated Ministry
05 AUGUST 2026Arunachal: Minister Ojing Tasing Reviews Cooperative Sector, Stresses On Efficiency And Inclusion; Sahkar Se Samriddhi’ Vision Reiterated
Minister for Panchayati Raj and Rural Development, Ojing Tasing, today chaired a detailed video conference with District Registrars of Cooperative Societies (DRCSs) and Assistant Registrars of Cooperative Societies (ARCSs) to take stock of ongoing initiatives and to chalk out strategies for strength
05 AUGUST 2026Government committed to making the cooperative sector more transparent, digital and farmer-friendly: Minister Kedar Kashyap
Raipur, July 2026: An important and high-level review meeting of the Cooperative Department was held today under the chairmanship of Cooperative Minister Shri Kedar Kashyap in the meeting hall of Chhattisgarh State Cooperative Bank Limited (Apex Bank) in Nava Raipur. The meeting reviewed 16 major pu
05 AUGUST 2026Over 100-Year-Old Cooperative Society Transforming Lives of Farmers in Punjab
An over-100-year-old cooperative society in the agricultural heartland of Punjab's Hoshiarpur district has become a paragon of community cohesion, offering farmers multiple services to boost productivity and enhance their living standards. The Lambra Kangri Multipurpose Cooperative Service Society L
05 AUGUST 2026Steps initiated for expanding fintech-based doorstep banking for Rajasthan villagers
The Rajasthan government has initiated steps for expanding fintech-based doorstep banking for the rural population through cooperative institutions. A campaign titled ‘Sahakar Se Samriddhi’ (prosperity through cooperatives) has made new facilities available to the villagers for financial transaction
05 AUGUST 2026Cooperative sector vital in making India 3rd largest economy: Gujarat CM
Gujarat Chief Minister Bhupendra Patel on Monday said the cooperative sector is the best way to strengthen the rural economy and asserted it would play an important role in making India the world's third largest economy. He was speaking at an event in Deodar village in Gujarat's Banaskantha district
05 AUGUST 2026Govt plans to enlist dairy, fishery co-operatives in rural banking outreach
The government is planning to launch a nationwide programme to rope in dairy and fishery cooperative societies as banking correspondents to expand financial services in rural areas, a top official said on Wednesday. Ministry of Cooperation Secretary Ashish Kumar Bhutani said the programme would leve
05 AUGUST 202612,957 new cooperative societies registered in past 2 years, says Amit Shah
A total of 12,957 new multi-purpose primary agricultural credit societies, dairy and fishery cooperative societies have been established across the country in past two years, Cooperation Minister Amit Shah said on Tuesday in Parliament. Shah, in his written reply to the Lok Sabha, said the governmen
05 AUGUST 2026Govt to establish 3 multi-state cooperatives for dairy sector growth
The government on Tuesday decided to set up three new multi-state cooperative societies for the dairy sector to focus on animal feed, dung management and circular use of dead cattle residues. Cooperation Minister Amit Shah, who chaired a meeting on sustainability and circularity in the cooperative d
04 AUGUST 2026Amul, NAFED among promoters of cooperative society for organic products
The proposed national-level cooperative society for organic products, to be constituted under the Multi State Cooperative Societies (MSCS) Act, 2002, will have an authorised share capital of Rs 500 crore, an official said on Monday. The Union Cabinet had last week approved setting up and promoting a