CoopNews™
Updates from India's cooperative sector
Union 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
Lok 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 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
04 AUGUST 2026New cooperative policy centralises power and snatches rights of State governments, says Samyukt Kisan Morcha
The Samyukt Kisan Morcha (SKM), a platform of several farmers’ organisations, has alleged on Sunday (July 27, 2025) that the National Cooperation Policy (NCP), unveiled by Union Minister for Home and Cooperation Amit Shah on Friday, violates the Constitution of India, centralises power and snatches
04 AUGUST 2026Rajya Sabha passes Multi-State Cooperative Societies (Amendment) Bill
The Rajya Sabha on Tuesday gave its green light to the Multi-State Cooperative Societies (Amendment) Bill 2023. This Bill introduces significant amendments to the Multi-State Cooperative Societies (MSCS) Act. These modifications aim to enhance the transparency and accountability of these cooperative
31 JULY 2026Home Minister Amit Shah inaugurates new office buildings for three Multi-State Cooperative Societies in Delhi
Union Home Minister and Minister of Cooperation Amit Shah inaugurated the new office building for the three Multi-State Cooperative Societies – Bhartiya Beej Sahakari Samiti Limited (BBSSL), National Cooperative Organics Limited (NCOL) and National Cooperative Export Limited (NCEL) at World Trade Ce
31 JULY 2026AI-Powered Sahakar Sahayogi & CBS Unveiled
Mumbai, July 6, 2026: Union Home Minister and Minister of Cooperation Shri Amit Shah addressed the 5th Foundation Day celebration of the Ministry of Cooperation in New Delhi today. Union Minister of Fisheries, Animal Husbandry and Dairying Shri Rajiv Ranjan Singh alias Lalan Singh, Chief Minister of
31 JULY 2026Grand ambitions: On India’s cooperative sector
Hypercompetitive business models that dominate the economic lives of people have undesirable social consequences. The cooperative model offers an alternative, albeit with its own imperfections. India’s Ministry of Cooperation, which completed five years on July 6, is a bold experiment in harnessing
31 JULY 2026Centre begins process to form multi-state cooperative society for sugar sector: Muralidhar Mohol
The Central government has started the process of forming a separate multi-state cooperative society aimed at strengthening India’s cooperative sugar sector and supporting sustainable growth in the industry, Union Minister of State for Civil Aviation and Cooperation Muralidhar Mohol said on Wednesda
21 JULY 2026National Co-operative Consumers' Federation Excluded From Rent Control Protections Being PSU Under Rent Control Act: Bombay High Court
The Bombay High Court has held that the National Co-operative Consumers' Federation of India Ltd. (NCCF), a multi-state co-operative society, is functioning as an implementing agency of the Central Government, and qualifies as a "Public Sector Undertaking" for the purposes of Section 3(1)(b) of the
20 JULY 2026Budget a major boost to cooperatives, dairy and rural economy, says Amul Chief Jayen Mehta
The Union Budget 2026-27 , has unveiled a series of landmark measures aimed at strengthening India’s cooperative ecosystem, dairy sector, animal husbandry infrastructure and rural livelihoods. The initiatives reinforce the government’s vision of “Sahakar se Samriddhi” and inclusive development. Welc
20 JULY 202630 Lakh Investors Cheated Of Rs 10,000 Crore. Then A Key Arrest
New Delhi: The Directorate of Enforcement (ED) has arrested Ravi Shankar Tiwari alias Ravi Tiwari under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with the ongoing investigation into the Loni Urban Multi State Credit and Thrift Cooperative Society (LUCC) case, an o
17 JULY 2026Grand ambitions: On India’s cooperative sector
Hypercompetitive business models that dominate the economic lives of people have undesirable social consequences. The cooperative model offers an alternative, albeit with its own imperfections. India’s Ministry of Cooperation, which completed five years on July 6, is a bold experiment in harnessing
17 JULY 2026ED arrests accused in Loni cooperative society case
These companies induced members of the public to invest in deposit schemes by promising high returns and the invested amounts were misappropriated...ED investigation revealed that Ravi Shankar Tiwari has been associated with the SAGA Group Network led by Sameer Agrawal since 2009 as a senior functio