Cooperative societies in Maharashtra
The article details the status of cooperative societies in Maharashtra, highlighting the significant number of societies across various sectors. It outlines key initiatives undertaken by the Ministry of Cooperation since its inception to strengthen the cooperative sector nationwide, with a focus on Maharashtra. These initiatives include the computerization of Primary Agricultural Credit Societies (PACS) to integrate them with a national software and link them to NABARD, financial support through NCDC, and policy reforms. Specific policy measures mentioned are Model Bye-laws for PACS enabling diverse business activities (like PM-Kisan Samridhi Kendras, Jan Aushadhi Kendras, CSCs), the 'Cooperative-led White Revolution 2.0' for dairy cooperatives, income tax relief for cooperative sugar mills, reduction in GST on molasses, and efforts to revive closed sugar mills. The data also shows NCDC's cumulative disbursements for cooperative development in Maharashtra.
The article details the status of cooperative societies in Maharashtra, highlighting the significant number of societies across various sectors. It outlines key initiatives undertaken by the Ministry of Cooperation since its inception to strengthen the cooperative sector nationwide, with a focus on Maharashtra. These initiatives include the computerization of Primary Agricultural Credit Societies (PACS) to integrate them with a national software and link them to NABARD, financial support through NCDC, and policy reforms. Specific policy measures mentioned are Model Bye-laws for PACS enabling diverse business activities (like PM-Kisan Samridhi Kendras, Jan Aushadhi Kendras, CSCs), the 'Cooperative-led White Revolution 2.0' for dairy cooperatives, income tax relief for cooperative sugar mills, reduction in GST on molasses, and efforts to revive closed sugar mills. The data also shows NCDC's cumulative disbursements for cooperative development in Maharashtra.
Exam linkage
GS Paper 3: Indian Economy (Planning, Mobilization of Resources, Growth, Development and Employment; Government Budgeting). GS Paper 2: Welfare Schemes for Vulnerable Sections (indirectly, through empowerment aspects of cooperatives).