April 15, 2024

Under the leadership of PM Shri Narendra Modi, with the support of the government system, the cooperative movement will progress rapidly and earn respect in the country’s economy The Modi government is making efforts to transform the cooperative movement into a people’s movement The spirit of “Cooperation among Cooperatives” will strengthen the cooperative movement The goal should be to establish Urban Cooperative Banks in every city – Shri Amit Shah With the formation of the umbrella organization, NUCFDC, the development of Urban Cooperative Banks in the country will increase manifold NUCFDC serves as a gateway for resolving the issues of Urban Cooperative Banks The path to progress in the lives of the common people lies only through Urban Cooperative Banks NUCFDC is a security shield for small banks, enhancing depositors’ confidence and ensuring further progress in work in the coming days NUCFDC will not only be a support during the crisis of banks but also a means to enhance their development, modernization, and capacity The Union Home Minister and Minister of Cooperation, Shri Amit Shah inaugurated the umbrella organization for Urban Cooperative Banks (UCBs), the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC), in New Delhi today. Union Minister of State for Cooperatives B.L. Verma and the Secretary of the Ministry of Cooperation, Dr. Ashish Kumar Bhutani along with other dignitaries, were present on the occasion. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta

To fulfill Prime Minister Shri Narendra Modi’s vision of “Sahakar se Samriddhi”, it is another important initiative of the Ministry of Cooperation Collaborating with State Governments, National Federations and stakeholders, a National Cooperative Database has been developed to foster a cooperative-centric economic model National Cooperative Database serves as a crucial tool for efficient communication between the Central Ministry, States/UTs, and Cooperative Societies, benefiting all stakeholders in the cooperative sector The launch of the National Cooperative Database (NCD) will be a milestone in the cooperative sector Union Home Minister and Minister of Cooperation, Shri Amit Shah will launch the National Cooperative Database on Friday, the 8th March 2024, at New Delhi. Minister of Cooperation will also release the ‘National Cooperative Database 2023: A Report’. To fulfill Prime Minister Shri Narendra Modi’s vision of “Sahakar se Samriddhi”, it is another important initiative of the Ministry of Cooperation. Under this initiative, the Ministry of Cooperation has recognized the imperative need for a robust database to capture vital information about India’s vast cooperative sector. Collaborating with State Governments, National Federations, and stakeholders, a National Cooperative Database has been developed to foster a cooperative-centric economic model. Around 1400 participants including Secretaries and other senior officers of Central Ministries/Departments, Additional Chief Secretaries/Principal Secretaries of Cooperation from States/UTs, RCS, Cooperative Societies, and Cooperative Federations/Unions across the country will attend the event. A technical workshop will be organized in the forenoon session to brief and enlighten the participants about the use and application of the National Cooperative Database (NCD) and its potential to improve the cooperative landscape in India. The data of cooperatives was collected on the National Cooperative Database in a phased manner from the various stakeholders. In the first phase, mapping of about 2.64 lakh primary cooperative societies of three sectors i.e. Primary Agriculture Credit Societies (PACS), Dairy and Fisheries was completed. In the second phase, data of various National Federations, State Federations, State cooperative banks (StCB), District Central Cooperative Banks (DCCBs), Urban Cooperative Banks (UCBs), State Cooperative Agriculture and Rural Development Bank (SCARDB), Primary Cooperative Agriculture and Rural Development Bank (PCARDB), Sugar Cooperative Mills, District Unions and Multi State Cooperative Societies (MSCS) were collected/mapped. In the third phase, data of more than 5.3 lakh primary cooperative societies was mapped from all the remaining other sectors through the office of State/UTs RCS/DRCS offices. National Cooperative Database is a web-based digital dashboard wherein data of cooperative societies including National/State Federations have been captured. The data of cooperative societies have been entered and validated by States/ UTs nodal officials at RCS/ DRCS offices and data of federations have been provided by various national/state federations. The National Database has collected/mapped information of about 8 lakh cooperatives with collective membership of more than 29 crores spread across various sectors in the country. The information collected from cooperative societies are on various parameters such as their registered name, date, location, number of members, sectoral information, area of operation, economic activities, financial statements, status of audit etc.  National Cooperative Database serves as a crucial tool for efficient communication between the Central Ministry, States/UTs, and Cooperative Societies, benefiting all stakeholders in the cooperative sector. Database provides comprehensive contact details for registered societies, facilitating smooth communication between government entities and these societies. National Cooperative Database offers a myriad of benefits that contribute to the efficiency and effectiveness of the cooperative sector like single point access, comprehensive and updated data, user-friendly interface, vertical and horizontal linkages, query-based reports and graphs, Management Information System (MIS) reports, data analytics and Geographical Mapping. The success of this initiative relies on effective collaboration, accurate data collection, and strategic utilization of the database to identify the sectoral gaps and accordingly make suitable policy and informed decision making for filling the vacuum. Overall, Database promotes transparency and collaboration within the cooperative sector. The launch of the National Cooperative Database will be a milestone in the cooperative sector. The growth of cooperatives in rural areas holds the promise of addressing economic, social, and community challenges, empowering individuals, alleviating poverty, and contributing to the overall well-being of rural communities. This initiative signifies a positive transformation at the grassroots level, aligning with the vision of a prosperous and ‘AtmaNirbhar Bharat.

It is nature of Prime Minister Shri Narendra Modi to take brave decisions and take them to conclusion All information pertaining to Cooperative sector will now be available with just a click Database will ensure expansion, development and delivery in cooperative sector National Database will give direction to development of Cooperative sector like a Compass National database will identify gaps as to where we have lesser number of Cooperatives and will help in expansion of Cooperative sector Cooperative database will act as an invaluable resource for policymakers, researchers and stakeholders This database is the answer to all activities of cooperative sector and has been prepared using latest technology Through database portal, small cooperative societies will get guidance for their expansion Database has potential to connect PACS with Apex, Mandi with global market and state with international database Union Home Minister and Minister of Cooperation, Shri Amit Shah, inaugurated the National Cooperative Database and released the ‘National Cooperative Database 2023: A Report’ in New Delhi. Union Minister of State for Cooperatives, Shri B.L. Verma and Secretary, Ministry of Cooperation, Dr. Ashish Kumar Bhutani, along with many dignitaries, were present on the occasion.

This is another significant initiative of Ministry of Cooperation to achieve Prime Minister, Shri Narendra Modi’s vision of “Sahakar se Samriddhi” Inauguration of a separate office building for BBSSL, NCOL and NCEL will prove to be a milestone in the Cooperation sector across the country All three Multistate Cooperative Societies will ensure upliftment of the people associated with agriculture & related activities These 3 societies will procure agri products and seeds from farmers through PACS, this will strengthen PACSs and farmers will get maximum value for their produce The Union Home Minister and Minister of Cooperation, Shri Amit Shah will inaugurate the new office building for the three Multi State Cooperative Societies – Bhartiya Beej Sahakari Samiti Limited (BBSSL), National Cooperative Organics Limited (NCOL) and National Cooperative Export Limited (NCEL) on Wednesday, 13th March, 2024 at World trade Centre, Naoroji Nagar, New Delhi. Inauguration of a separate office building for BBSSL, NCOL and NCEL is another significant initiative of Ministry of Cooperation to achieve Prime Minister, Shri Narendra Modi’s vision of “Sahakar se Samriddhi”. Since a long time, requirement was being felt for a separate office building for three societies, and, now these societies will be able to work seamlessly. The Government, under the leadership of Prime Minister Shri Narendra Modi, approved setting up of three national level Multi-state Cooperative Societies, for exports, organic produce and seeds and these societies have been registered under MSCS Act, 2002. The Cooperative Societies of all levels, who are interested in activities specified for each of the three societies are eligible to become members, i.e., from ‘PACS to APACS level’. NCEL: It has been formed with a mandate to promote exports from the cooperative sector. The Notable member promoters of NCEL includes esteemed organizations such as the Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), Indian Farmers Fertilizer Cooperative Limited (IFFCO), Krishak Bharati Cooperative Limited (KRIBHCO), National Agricultural Cooperative Marketing Federation of India Limited (NAFED), and the National Cooperative Development Corporation (NCDC). The NCEL will undertake direct export of goods and services of cooperatives and related entities and all related promotion activities. It will increase linkages of goods and services amongst the cooperatives at various levels, resulting in generation of more employment in the sector. The NCEL will help in increasing export of surplus goods & services produced in the cooperative sector thereby promoting “Make in India” and leading to creation of an Atmanirbhar Bharat. NCOL: It has been formed to realize the potential of organic products and create a healthy agriculture ecosystem. It acts as an umbrella organization for aggregation, procurement, certification, testing, branding and marketing of organic products of the cooperative sector. NCOL is promoted by five national level cooperative federations viz. National Agricultural Cooperative Marketing Federation of India Limited (NAFED), National Dairy Development Board (NDDB), National Cooperative Development Corporation (NCDC), Gujarat Cooperative Milk Marketing Federation Limited (GCMMF) and National Cooperative Consumers Federation of India Limited (NCCF). NCOL will help in the increase of production of organic products and it will also provide support in marketing of authentic and certified organic products by the cooperatives and related entities at various levels. BBSSL: It deals with the advanced and traditional seed research and production and is responsible for their processing and marketing through the cooperative sector. It is promoted by the Indian Farmers Fertilizer Cooperative Limited (IFFCO), Krishak Bharati Co-operative Limited (KRIBHCO), and the National Agricultural Cooperative Marketing Federation of India Limited (NAFED), the National Dairy Development Board (NDDB) and the National Co-operative Development Corporation (NCDC). The BBSSL aims at increasing the production of quality seeds in India, at par with the global standards through cooperatives, and thereby reducing the dependence on imported seeds, enhancing agriculture production, and providing a boost to the rural economy by increased income for seed producing farmers. All the three societies will ensure the upliftment of the people associated with agriculture and related activities and will procure the agricultural produce and seeds from the farmers via PACS. This would further lead to the strengthening of PACS as the farmers associated with them will get maximum value for their produce. The Societies will be working with an objective of ensuring that profits on the net surplus goes directly to the farmers’ accounts thereby preventing leakages in the process. The inauguration of a separate office building for BBSSL, NCOL and NCEL will prove to be a milestone in the Cooperative sector of the country. It will ensure smooth functioning of all the three societies to secure consistent income for the farmers, which will help in realising the Prime Minister Shri Narendra Modi Ji’s vision of “Sahakar se Samriddhi”. The event will be attended by the Secretaries and other senior officers of the related Central Ministries/Departments, Officials from all the three newly formed organizations (BBSSL, NCOL, NCEL), officials from related organizations such as Agricultural and Processed Food Products Export Development Authority (APEDA) and Food Safety and Standards Authority of India (FSSAI), officials of Foreign Embassies in India, officials of the Promoters of the three societies and officials and delegates from the National Cooperative Federations across the country will attend the event.

The resolution of farmers’ issues will be addressed through BBSSL, NCOL, and NCEL Through these three societies, organic products, seed conservation and enhancement, and exports will increase Organic products are essential for the prosperity of farmers, land, water conservation, and health The society formed for exports will boost the export of agricultural products and resulting profit will be directly deposited into the bank accounts of farmers The number of farmers adopting organic farming has increased sevenfold in the last 3 years In the next 5 years, arrangements for testing organic land and products will be made in every district of the country The target for Bharatiya Beej Sahakari Samiti Ltd. is a turnover of 10,000 crore rupees in 5 years Aim is to increase India’s organic export from 7,000 crore rupees to 70,000 crore rupees Under the leadership of PM Modi, the goal is to increase India’s share in global agricultural produce market from 45 billion dollars to 115 billion dollars by 2030 Union Home Minister and Minister of Cooperation, Shri Amit Shah today inaugurated the new office building of three multi-state cooperative societies – Bharatiya Beej Sahakari Samiti Limited (BBSSL), National Cooperative Organics Limited (NCOL), and National Cooperative Export Limited (NCEL) in New Delhi. On this occasion, Union Minister of State for Cooperation, Shri B.L. Verma and Dr. Ashish Kumar Bhutani, Secretary, Ministry of Cooperation, along with the Chairpersons and Managing Directors of NCEL, NCOL, and BBSSL and several dignitaries were present. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration | GST Return Filing | FSSAI Registration | Company Registration | Company Audit | Company Annual Compliance | Income Tax Audit | Nidhi Company Registration| LLP Registration | Accounting in India | NGO Registration | NGO Audit | ESG | BRSR | Private Security Agency | Udyam Registration | Trademark Registration | Copyright Registration | Patent Registration | Import Export Code | Forensic Accounting and Fraud Detection | Section 8 Company | Foreign Company | 80G and 12A Certificate | FCRA Registration |DGGI Cases | Scrutiny Cases | Income Escapement Cases | Search & Seizure | CIT Appeal | ITAT Appeal | Auditors | Internal Audit | Financial Audit | Process Audit | IEC Code | CA Certification | Income Tax Penalty Notice u/s 271(1)(c) | Income Tax Notice u/s 142(1) | Income Tax Notice u/s 144 |Income Tax Notice u/s 148 | Income Tax Demand Notice | Psara License | FCRA Online Company Registration Services in major cities of India Company Registration in Jaipur | Company Registration in Delhi | Company Registration in Pune | Company Registration in Hyderabad | Company Registration in Bangalore | Company Registration in Chennai | Company Registration in Kolkata | Company Registration in Mumbai | Company Registration in India | Company Registration in Gurgaon | Company Registration in Noida | Company Registration in lucknow Complete CA Services CA in Delhi | CA in Gurgaon | CA in Noida | CA in Jaipur | CA Firm in India RERA Services RERA Rajasthan | RERA Haryana | RERA Delhi | UP RERA Most read resources tnreginet |rajssp | jharsewa | picme | pmkisan | webland | bonafide certificate | rent agreement format | tax audit applicability | 7/12 online maharasthra | kerala psc registration | antyodaya saral portal | appointment letter format | 115bac | section 41 of income tax act | GST Search Taxpayer | 194h | section 185 of companies act 2013 | caro 2020 | Challan 280 | itr intimation password |  internal audit applicability |  preliminiary expenses |  mAadhar |  e shram card |  194r |  ec tamilnadu |  194a of income tax act |  80ddb |  aaple sarkar portal |  epf activation |  scrap business |  brsr |  section 135 of companies act 2013 |  depreciation on computer |  section 186 of companies act 2013 | 80ttb | section 115bab | section 115ba | section 148 of income tax act | 80dd | 44ae of Income tax act | west bengal land registration | 194o of income tax act | 270a of income tax act | 80ccc | traces portal | 92e of income tax act | 142(1) of Income Tax Act | 80c of Income Tax Act | Directorate general of GST Intelligence | form 16 | section 164 of companies act | section 194a | section 138 of companies act 2013 | section 133 of companies act 2013 | rtps | patta chitta