The Rural Financial Cooperatives had lagged behind in computerisation of their operational processes and procedural systems.
The Rural Financial Cooperatives had lagged behind in computerisation of their operational processes and procedural systems.
Unati is a success story in cooperatives. Jyoti Saroop, Founder & Director, Unati Cooperative, in a candid conversation with Sanjay Verma, Editor, Coop Talks, shares his experiences and valuable insights based on his long journey. He says that for youth seeking a career, cooperatives offer a unique opportunity to blend entrepreneurship, innovation, and social purpose.
The year 2025 marks a new phase in India’s economic and tax reforms, with the Government introducing significant changes to the Goods and Services Tax (GST) framework. While the reforms are expected to streamline compliance, boost transparency, and expand the tax base, their implications for the cooperative sector remain a subject of deep discussion. Cooperatives, being unique member-driven institutions that straddle both social and business objectives, are positioned at a critical juncture. The question that arises is—to what extent will the new GST reforms impact cooperatives?
Mother dreamt of seeing him as a co-operative clerk; the story of her son,who became a co-operative president and a journalist.
The fundamental nature of homo sapiens is migration for food and safety. Human civilisations have evolved by identifying the right place to live. Domestication of wild animals and human mobility goes together.
Cooperatives have historically been the backbone of India’s rural economy, empowering farmers, artisans, workers, women, and weaker sections through collective strength. However, in recent decades, the sector has faced challenges of inefficiency, weak governance, resource constraints, and limited market integration. Against this backdrop, the Ministry of Cooperation (MoC), Government of India, has taken bold steps to rejuvenate the cooperative movement by formulating the National Cooperative Policy (NCP)—a landmark initiative aimed at redefining the role of cooperatives in a rapidly transforming economy.
India’s transportation ecosystem is undergoing a rapid transformation with the rise of app-based mobility services and digital integration of fleets.
The Ministry of Cooperation’s plan to launch a cooperative taxi service, tentatively named “Bharat,” is a significant step towards empowering drivers and providing a more equitable alternative to private ride-hailing giants like Ola and Uber. This model aims to redirect profits back to the drivers, who are also members and owners of the cooperative, rather than to large corporations. While the cooperative model holds immense promise, its success hinges on its ability to navigate several complex issues and challenges, particularly in the highly competitive and technology-driven ride-hailing market.
The Government has announced new National Cooperative Policy recently.
India’s fisheries and aquaculture sector is emerging as a rapidly growing sector in terms of production, value addition, exports and livelihood support. It accounts for 7.43% of agricultural gross value added and contributes 1.1% to the national gross domestic product.
