Cooperation Minister Amit Shah inaugurated the National Cooperative Database on Friday. He asserted that the database is set to become a cornerstone in the expansion and advancement of cooperative societies nationwide.
The unveiling ceremony witnessed Shah underlining the pivotal role of the Ministry of Cooperation in integrating millions of individuals into the country's economic framework and development trajectory.
Emphasizing the transformative potential of data, Shah highlighted how the National Cooperative Database will serve as a catalyst for digital empowerment and efficient service delivery.
"The era of data governance, proactive governance, and anticipatory governance is upon us," remarked Shah, highlighting the transformative power of harnessing data for informed decision-making.
Elaborating on the functionality of the database, Shah outlined its capacity to interlink primary agricultural credit societies (PACS) with apex bodies, seamlessly connect rural and urban centers, and integrate local databases with global platforms. He elucidated that this initiative aligns with the comprehensive campaign initiated by the Narendra Modi government to bolster cooperative movements across the nation.
The database is curated in three phases, incorporating information from diverse cooperative sectors, ranging from agriculture and fisheries to banking and sugar mills. Shah emphasized the inclusivity of the database, ensuring representation from all corners of the cooperative landscape.
Shah said, " The concerted efforts undertaken by the Modi government to modernize and streamline cooperative structures, the computerization of all PACS in the country, coupled with the adoption of standardized bylaws are key milestones in enhancing the operational efficiency and scope"
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