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NCDC: Cooperatives to have best Practices Models Soon

By FnF Correspondent | PUBLISHED: 20, Nov 2021, 13:36 pm IST | UPDATED: 20, Nov 2021, 13:40 pm IST

NCDC: Cooperatives to have best Practices Models Soon
New Delhi: As the cooperative sector is being encouraged by the Centre as a major contributor towards the milestone of USD 5 trillion economy, steps are afoot to develop a set of best practices to be considered as a standard within these entities for their smooth and transparent functioning across the country. 
To set the ball rolling in this direction, the first brainstorming session on International Good Practices Platform for Cooperatives, coined as SAHAKAR PRAGYA by the National Cooperative Development Corporation (NCDC) was held at LINAC premises in Gurgaon to explore technologies, best practices, and pressing issues throughout the Cooperative sector.
Speaking on the occasion, NCUI President Dileep Sanghani emphasized that Cooperatives would play a big role in enhancing ones own income and thereby India becoming self-reliant (Atmanirbhar) as envisioned by Prime Minister Narendra Modi. Hence every government scheme should be prepared in the context of these entities, he said.
The NCUI President who was the Chief Guest at the session also asserted that the dream of sabka saath sabka vikas was possible only through the Cooperatives which has engaged around 95 per cent of the farmers in the country in around 8.50 lakh cooperatives in various sector.
Sahakar Pragya, which has been launched By NCDC, is a platform aimed to ease the mutual sharing of knowledge and also help new cooperatives, involving youth and women in particular, to benefit from understanding the opportunities and scope of the cooperative sector. 
The knowledge exchange would also assist in understanding and infusing 21st century technological aids, which can lead to a quantum jump in efficiency and productivity of the cooperatives and consequently in the value and supply chain across sectors, said Sundeep Nayak, MD NCDC.
In his speech, V Srinivas, Spl Secy, DAR & PG & DG, NCGG suggested a one stop portal for all the cooperatives having individual IDs even as he gave a ringside view of digital transformation of various e-initiatives taken by the Government such as DBT, GEM, Aadhar card, Digital Health Mission and MyGov platforms. 
Ramesh Vaidya, National President, Sahakar Bharati too felt that Cooperatives were Invisible Agents of Change and can help realize the dream of the Prime Minister to make the country self reliant and position India number one in the world map. He also praised NCDC MD Nayak for his commitment and spearheading various innovative schemes to help boost income of the Coops.
During the interactive session, moderated by Capt. Prof Pawanexh Kohli, Advisor, NCDC, experts like Satish Marathe, Member Central Board of RBI and Jyotindra Mehta among others also talked about practices devised and deployed across geographies, recommended models and practices that are proposed by multilateral bodies like the ICA, the FAO, the NEDAC, the World Bank, the UNDP, the ILO, the UNESCAP, the OECD etc.
Later Nayak said that the stakeholders have been requested to submit their suggestions by November-end to be compiled for due consideration.  Based on their inputs, we will prepare a set of best practices that the cooperatives can adopt as per their requirement and ease, he said.
During the session, best practices by successful entities in the sector were also showcased. These included Primary Coop namely ULCCS represented by Kishore, ULCCS, Kerala, Multi State Coop NAFED by Sanjeev Chaddha, MD, NAFED and Uttarakhand Cooperative Department by Dr. R. Meenakshi Sundaram, Secretary to the Gov of Uttarakhand.
Led by Amit Shah Ji, Hon’ble Union Cooperation Minister, the newly created Ministry is also in the process of a new cooperative policy and proposes to work in tandem with states to strengthen the cooperative movement.