NEW DELHI: Union Home Minister and Minister of Cooperation Amit Shah will launch the National Cooperative Database on Friday right here within the National Capital– one other vital initiative of the Ministry of Cooperation to meet Prime Minister Narendra Modi’s imaginative and prescient of “Sahakar se Samriddhi”. The Minister may also launch the ‘National Cooperative Database 2023: A Report’. Under this initiative, the Ministry of Cooperation has acknowledged the crucial want for a sturdy database to seize very important details about India’s huge cooperative sector.
Collaborating with state governments, National Federations and stakeholders, a National Cooperative database has been developed to foster a cooperative-centric financial mannequin, mentioned the Ministry of Cooperation. Around 1,400 members together with Secretaries and different senior officers of central ministries and departments, further chief secretaries and principal secretaries of cooperation from states and UTs, Registrar of Cooperative Societies (RCSs), cooperative societies, and cooperative federations and unions throughout the nation will attend the occasion. A technical workshop will probably be organized within the forenoon session to temporary and enlighten the members concerning the use and utility of the National Cooperative Database (NCD) and its potential to enhance the cooperative panorama in India.
The launch of the National Cooperative Database (NCD) will probably be a milestone within the cooperative sector. The progress of cooperatives in rural areas holds the promise of addressing financial, social, and group challenges, empowering people, assuaging poverty, and contributing to the general well-being of rural communities. This initiative signifies a constructive transformation on the grassroots stage, aligning with the imaginative and prescient of a affluent and ‘AtmaNirbhar Bharat.
The information of cooperatives was collected on the National Cooperative Database in a phased method from the varied stakeholders. In the primary section, mapping of about 2.64 lakh major cooperative societies of three sectors corresponding to Primary Agriculture Credit Societies (PACS), Dairy and Fisheries was accomplished.
In the second section, information of varied National Federations, State Federations, State cooperative banks (StCB), District Central Cooperative Banks (DCCBs), Urban Cooperative Banks (UCBs), State Cooperative Agriculture and Rural Development Bank (SCARDB), Primary Cooperative Agriculture and Rural Development Bank (PCARDB), Sugar Cooperative Mills, District Unions and Multi State Cooperative Societies (MSCS) had been collected and mapped.
In the third section, information of greater than 5.3 lakh major cooperative societies was mapped from all of the remaining different sectors by way of the workplace of state, UTs RCS, and DRCS workplaces. National Cooperative Database is a web-based digital dashboard whereby information of cooperative societies together with nationwide, state federations have been captured. The information of cooperative societies have been entered and validated by states Nd UTs nodal officers at RCS and DRCS workplaces and information of federations have been offered by numerous nationwide and state federations.
The National Database has collected and mapped info of about eight lakh cooperatives with collective membership of greater than 29 crores unfold throughout numerous sectors within the nation. The info collected from cooperative societies are on numerous parameters corresponding to their registered identify, date, location, variety of members, sectoral info, space of operation, financial actions, monetary statements and standing of audit.
National Cooperative Database serves as a vital device for environment friendly communication between the central ministry, states, UTs, and ooperative societies, benefiting all stakeholders within the cooperative sector. Database supplies complete contact particulars for registered societies, facilitating easy communication between authorities entities and these societies.
“National Cooperative Database offers a myriad of benefits that contribute to the efficiency and effectiveness of the cooperative sector like single point access, comprehensive and updated data, user-friendly interface, vertical and horizontal linkages, query-based reports and graphs, Management Information System (MIS) reports, data analytics and Geographical Mapping. The success of this initiative relies on effective collaboration, accurate data collection, and strategic utilization of the database to identify the sectoral gaps and accordingly make suitable policy and informed decision making for filling the vacuum. Overall, Database promotes transparency and collaboration within the cooperative sector,” the Ministry mentioned.
