Union Minister Reviews Cooperative Digitization in Haryana
Apr 24, 2025 22:23
Union Minister Krishan Pal Gurjar reviewed the progress of digitization and expansion of cooperative societies in Haryana, emphasizing transparency and technological advancements.
Chandigarh, Apr 24 (PTI) Union Minister of State for Cooperation Krishan Pal Gurjar on Thursday held a review meeting to discuss the progress on digitisation and expansion of the cooperative societies in Haryana.
Several important decisions were made to make cooperative institutions transparent, effective, and technologically capable, an official statement said.
Gurjar asked the concerned officials to ensure that the audit process should be entirely online to digitally empower the functioning of cooperative institutions.
He said that issues faced by the Primary Agricultural Credit Societies (PACS) in the state should be identified, and PACS should be developed as model institutions with concrete plans to enhance their income.
Gurjar also asked for speedy completion of the drug licensing process for setting up "Jeevan Aushadhi Kendras".
Emphasising on the modernization of state cooperative banks during the meeting, he stated these banks should be made technologically advanced and that farmers should get the benefit of loan guarantee of up to 85 per cent.
Haryana Cooperation Minister Arvind Sharma also asked the officials to ensure that the target of opening 2,500 new PACS set by the state government should be completed on a priority basis.
Meanwhile, at another event, Gurjar said that the Union Ministry of Cooperation will play a pivotal role in revitalising the rural economy under the leadership of Prime Minister Narendra Modi.
Gurjar, along with Haryana Cooperation Minister Sharma, inaugurated a two-day national conference titled 'Developing Developed India: Farmer Empowerment, Development, and Rural Progress through Cooperatives'.
The event is being organized by the Regional Institute of Cooperative Management here.
Gurjar stated that the Ministry of Cooperation, established by Prime Minister Modi in 2021 with the vision of "prosperity through cooperation", has since launched around 60 significant initiatives under the leadership of Union Minister for Cooperation Amit Shah.
These initiatives aim to transform India's 8.5 lakh cooperative societies into engines of rural and national growth, he said.
He further added that standardised bylaws are being developed to unify and strengthen cooperative societies, and computerization of PACS is underway to boost operational efficiency.
Making PACS multi-functional by integrating 25 types of services will unlock greater self-employment opportunities for members, thus benefiting communities and the nation at large.
Looking ahead, the government plans to establish 2 lakh new cooperative societies in the next five years, of which 15,000 have already been formed in the past four months, he said.
Gurjar said that in the next five years, 9,000 new cooperative societies will be formed in Punjab and 2,500 in Haryana, further reinforcing the sector.
Speaking on the occasion, Sharma underscored the importance of cooperation in strengthening India's socio-economic fabric, particularly in rural and agrarian contexts.
"A strong village is the foundation of a strong nation," he said, adding that the cooperative sector is key to realising Prime Minister Modi's vision of a developed India by 2047.
The event began with a two-minute silence in memory of those who lost their lives in the terrorist attack in Pahalgam.
Home »
Market News » Union Minister Reviews Cooperative Digitization in Haryana
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
DRI Seizes Red Sanders Worth Rs 6.26 Cr, 4...
DRI seizes 15 MT of red sanders worth Rs 6.26 crore in Delhi, arrests 4. Illegal export...
UAE Fund to Invest ₹1,000 Cr in Kerala Startups
UAE-based Feeder Fund to invest ₹1,000 crore in Kerala startups over 3 years. Boost...
ECL Aims for 58 MT Output, Mine Closures Planned
Eastern Coalfields Ltd (ECL) targets 58 MT output, plans closure of six underground...
India: Export Potential in Russia
300 Indian products have huge export potential in Russia. Engineering, pharma, agri,...
Gold & Silver Rally: Inflation Data in Focus
Gold and silver prices rally amid inflation data focus. Analysts eye central bank...
India Ranks 3rd in Global AI Vibrancy Index
India ranks 3rd in Stanford University's Global AI Vibrancy tool, surpassing advanced...
EPFOA Urges CPFC: Equip Offices for Compliance
EPFOA urges CPFC to equip field offices with authority & tools to handle default &...
TV Prices to Rise in January: Chip Shortage &...
TV prices are expected to increase in January due to memory chip shortages and a...
India Gems & Jewellery Exports Up 20% in November
India's gems and jewellery exports grew 20% to USD 2.5 billion in November, says GJEPC....
Navi Mumbai Airport: 3rd Runway Feasibility Study
CIDCO invites bids for a consultant to study the feasibility of a third runway at Navi...
Read More »