The Union Government has undertaken comprehensive legislative and institutional reforms to strengthen governance, transparency and accountability in multi-State Cooperative Societies through the Multi-State Cooperative Societies (MSCS) (Amendment) Act, 2023. The reforms were outlined by Union Home and Cooperation Minister Amit Shah in a written reply in the Rajya Sabha, highlighting…
Tag: #IndianCooperatives
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Revival of Cooperative Sugar Mills with NCDC Support
The Ministry of Cooperation has launched initiatives to revive Cooperative Sugar Mills (CSMs) facing operational and financial distress. Under the Central Sector Scheme – Grant-in-aid to NCDC for strengthening Cooperative Sugar Mills, the government provided ₹1,000 crore to the National Cooperative Development Corporation (NCDC) to leverage loans totaling ₹10,000 crore…
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NCEL Boosts Cooperative Exports with ₹10.3 Crore Orders
National Cooperative Exports Limited (NCEL) has successfully secured export orders worth ₹10.3 crore in the third quarter of FY 2025–26. The orders cover a range of agricultural commodities including turmeric, cumin, wheat, millets, and other allied products. Established to provide cooperative societies with access to international markets, NCEL exports surplus…