Cooperative leadership essential for stable economy Radha Mohan

Union Agriculture Minister Radha Mohan Singh says that cooperative leadership and training are essential for stable economy and inclusive development
Cooperative leadership essential for stable economy Radha Mohan

Cooperative leadership and training are essential for stable economy and inclusive development in the present age of globalisation. Efficient management of human resources are the bedrocks for the development of cooperatives. For this, the training programmes of cooperatives have to be dove-tailed to the hour of the day, said Union Agriculture Minister Radha Mohan Singh. The minister was speaking at a function, titled ’National Conference on Strengthening of Cooperative Education and Training’, in New Delhi.

The minister mentioned that Government is keen to strengthen cooperative education and training in the north-eastern states like Sikkim, Mizoram, Tripura, and in the states of Chattisgarh and Jharkhand, and all efforts will be made to provide sufficient funds and other resources in this regard.

Singh further said that in the north-eastern region, Government is implementing cooperative programme through National Cooperative Union of India (NCUI). NCUI has established 8 field projects in the region which include Aizawl (Mizoram), Thoubal and Imphal (Manipur), Magalbara (Sikkim), Shillong (Meghalaya), Kohima(Nagaland), and Morigaon and Jorhat (Assam).

He added, National Cooperative Development Corporation (NCDC) provides encouragement and financial assistance to cooperatives from primary level to national level and also provides them with technical guidance including computerisation skills. So far, NCDC has sanctioned Rs 269.15 cr to 352 cooperative committees/banks and has released Rs 202.15 cr. He said that NCDC implements ICDP (Integrated Cooperative Development Projects) in selected districts. NCDC released Rs 405.70 cr for 19 projects in Arunachal Pradesh, Himachal Pradesh, Jharkhand, Kerala, Madhya Pradesh, Uttar Pradesh and Haryana. NCDC has released a total amount of Rs 3126.23 cr to least developed states as against sanctioned amount of Rs 5535.05 cr.

Singh said that NABARD is playing an important role as an advisor to provide core banking solution to cooperative banks. NABARD also gives technical/technological infrasture and Human Resources training to state and district level cooperative banks. Recently, Government has decided to provide Rs 23.75 cr as special package to 23 district cooperative banks (16 from Uttar Pradesh) to revive them.

Mentioning cooperative movement of India as world’s largest one, he said that there are about 5.89 lakh cooperative committees spread across from village to national level. These committees have a membership of 25 crore people covering 97% villages and 71% total rural families. Agriculture cooperative credit contributes 16.9%, fertiliser production 29%, weaver cooperatives 54% and sugar production 40% towards the Indian economy.

Previous article Bengal s future is agriculture and industry says Mamata Banerjee
Next article Kakinada SEZ opens rural BPO

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



- Advertisement -
The Changing Face of Rural India