On 6 July 2026 the Ministry of Cooperation marked its 5th Foundation Day at Bharat Mandapam, New Delhi; the Ministry was constituted on 6 July 2021.
Key Initiatives (5‑year outcomes)
- e‑PACS transformation: 50,000 Primary Agricultural Credit Societies converted to e‑PACS; 63,428 PACS use ERP software for governance and service delivery.
- New national cooperatives: National Cooperative Exports Limited (NCEL), National Cooperative Organics Limited (NCOL), and Bharatiya Beej Sahakari Samiti Limited (BBSSL) established as multi‑state cooperatives.
- FPO financing: NCDC disbursed ₹1.27 lakh crore in FY2025‑26; included ₹2,320 crore to FPOs under the scheme for formation and promotion of 10,000 FPOs.
- White Revolution 2.0: Target to increase milk procurement by 50% by 2028‑29; 25,282 dairy cooperative societies registered, with emphasis on women‑led cooperatives.
- Credit sector metrics: Urban Cooperative Banks gross NPA reduced from 12.8% to 6.2%; net NPA at 0.7%.
Digital & Infrastructure Measures
- Milk dashboard: Milk Supply Review Dashboard Portal launched for NDDB to monitor procurement and distribution.
- Core banking & AI: NUCFDC introduced ‘Sahakar CBS’ (core banking) and ‘Sahakar Sahyogi’ (conversational AI) for Urban Cooperative Banks.
- Storage expansion: Foundation stones laid for 47 grain storage godowns under cooperative infrastructure strengthening.
Institutional Scale & Reforms
- Reform footprint: Over 152 reform initiatives implemented; cooperative institutions established in more than 255,000 gram panchayats.
- Performance ranking: New framework to recognise top five performing cooperative societies in each region.
- BBSSL outlook: Projected to become India’s largest non‑governmental seed production organisation within three years.
IASPOINT Booster Facts
- Ministry mandate: Ministry of Cooperation created on 6 July 2021 to formulate policy, coordinate central schemes and support cooperative institution building.
- NCDC: Statutory corporation that finances cooperative development; sanctioned ₹1.55 lakh crore in FY2025‑26.
- Legal framework: Cooperatives governed by state cooperative laws and the Multi‑State Cooperative Societies Act, 2002 for MS cooperatives.