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India reforms its cooperative sector with digitization, new funding, and governance upgrades to boost rural economies.
India’s cooperative sector is undergoing major reforms under the Ministry of Cooperation, with digitization of over 61,000 Primary Agricultural Credit Societies, a Rs 2,925 crore ERP system, and expanded services in rural areas.
Over 100 PACS warehouses are now operational, and new multi-state apex societies support exports worth Rs 5,577 crore.
Cooperative banking, tax benefits, and a Rs 10,000 crore loan scheme for sugar cooperatives are boosting growth.
Governance reforms include a national database, ombudsman, and election authority.
Delhi and Odisha are advancing local cooperation efforts, while national initiatives aim to strengthen transparency, inclusivity, and rural economic self-reliance.
La India reforma su sector cooperativo con digitalización, nueva financiación y mejoras en la gobernanza para impulsar las economías rurales.