Latest news with #InternationalCooperativeDay
The Hindu
15-07-2025
- Business
- The Hindu
How India's Cooperative Movement Is Redefining Rural Resilience
This International Cooperative Day, India's grassroots model is not just driving inclusion—it's creating jobs, boosting incomes, and inspiring the world. From the milk factories of Gujarat to the poultry farms of Odisha, India's cooperative revolution is rewriting what rural ambition looks like. On July 6, as the world observes International Cooperative Day, India stands tall in showcasing a model that's empowering farmers, uplifting women, and turning villages into engines of self-sustaining growth. Led by Prime Minister Narendra Modi's vision and driven by Union Home and Cooperation Minister Amit Shah, India's cooperative sector has undergone a dramatic makeover. What was once a scattered network of local societies has evolved into a dynamic, digitally driven ecosystem, fuelling a new era of rural enterprise under the 'Sahkar se Samriddhi' movement. Take Amul, India's best-known cooperative success. From humble origins in Gujarat, it has grown into a multinational brand that competes with the biggest global dairy names. It is providing livelihoods to 36 lakh milk producers and inspiring similar cooperative models across states like Karnataka, Punjab, and Maharashtra. It's not just a story of milk brand, it's a movement of empowerment. India's cooperative muscle is now being recognised globally. In the International Cooperative Alliance's 2024 rankings, homegrown champions IFFCO and Amul (GCMMF) claimed the top two spots for turnover-to-GDP per capita, putting India ahead of cooperative-heavyweights like Denmark and the Netherlands, where similar models power dairy, housing, and retail sectors. The renewed energy into this movement isn't just about global rankings or economic statistics. It's about real people, real incomes, and real change. In Gujarat's Chiloda village, Umaid Thakore, 41, secured an interest-free loan without stepping into a bank—thanks to a digitised Primary Agricultural Credit Society (PACS). In Odisha, Sumati Mundari, 38, transformed a ₹4 lakh SHG loan into a thriving poultry and dairy business, making over ₹1.6 lakh a year. She now proudly bears the title 'Lakhpati Didi'—one among 1.15 crore rural women who have crossed that income mark. These aren't isolated stories. They're snapshots of a larger shift where cooperatives are becoming vehicles of self-generated employment and financial independence. India has over 8.5 lakh cooperative societies, serving 29 crore members. They deliver 20% of the country's agricultural credit, distribute 35% of fertilisers, and contribute 4.5% of GDP through dairy alone. This quiet force is driving a job-rich, inclusive economy. Until a few years ago, the sector was burdened by outdated systems and fragmented governance. That changed with the formation of the Ministry of Cooperation in 2021, which injected focus, speed, and digital transformation. Nearly 68,000 PACS are being computerised of which 43,000+ already digitised and upgraded into Common Service Centres. These centres now offer over 300 government services, from Aadhar updates to railway bookings, right at villagers' doorsteps. The National Cooperative Development Corporation's loan disbursements have leapt from ₹25,000 crore in 2021 to ₹1.28 lakh crore in 2025, unlocking growth and entrepreneurship at the last mile. Looking ahead, the government aims to set up 2 lakh new PACS, ensuring credit, services, and livelihoods reach every corner. New-age cooperatives are also taking root—like a profit-sharing taxi service and a cooperative-led insurance company, which is expected to emerge as India's largest private insurer. This shift is redefining the cooperative's image from a welfare relic to a modern, entrepreneurial engine. As PM Modi said in February 2024, cooperatives are the 'foundation of an Atmanirbhar Bharat.' In May 2025, Amit Shah urged for greater tech integration and market linkages to amplify impact. With 2025 declared as the International Year of Cooperatives by the United Nations, the world is watching. And India's cooperative story is no longer panning out at a local level—it's a global blueprint for inclusive growth. From creating livelihoods and boosting incomes to empowering women and energising grassroots entrepreneurship, India's cooperative movement is doing more than transforming rural life. It's rewriting the very definition of progress for the world's largest democracy. Gautam Mukherjee : The writer is an economic and political analyst and columnist. He regularly writes for different national dailies and participates as a panelist on news channels. 'This is a company press release that is not part of editorial content. No journalist of The Hindu was involved in the publication of this release.'
New Indian Express
07-07-2025
- Business
- New Indian Express
Gujarat's dairy cooperative model fuels women's empowerment; income of Mahila-led societies crosses Rs 9,000 crore
AHMEDABAD: In a big leap for gender empowerment through grassroots economics, Gujarat's cooperative dairy model is emerging as a powerful engine of women-led growth. Women now make up 32% of the state's 36 lakh dairy members, with their presence rapidly expanding across both production and governance. In a striking indicator of this transformation, women led milk societies have seen a 39% surge in daily milk collection, now touching 57 lakh litres per day. At the governance level, 82 women have taken director roles on the boards of various dairy unions in 2025 making up 25% of all board members and marking a decisive shift in representation. This momentum is mirrored in earnings: women run milk societies clocked a phenomenal 43% growth in annual income, pushing their collective revenue past Rs 9,000 crore. The overall rise 21% in the number of women's dairy societies cements Gujarat's model as a blueprint for cooperative driven women's economic empowerment nationwide. In the last five years (2020–2025), women run dairy cooperatives in the state have jumped by 21%, growing from 3,764 to 4,562 societies. This shift is not just numeric, but transformational. Data from the Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), released on International Cooperative Day, reveals that milk procurement by women run cooperatives surged by 39%, from 41 lakh litres per day in 2020 to 57 lakh litres per day in 2025. These women led units now contribute 26% of Gujarat's total milk procurement.
Barnama
06-07-2025
- Business
- Barnama
Top News Headlines In Indonesia, Myanmar, Singapore, Thailand & Vietnam: July 6, 2025
The Attorney General's Office has emerged as the most trusted law enforcement institution in Indonesia, overtaking both the Corruption Eradication Commission (KPK) and the National Police, according to the latest survey by the Indonesian Survey Institute (LSI), led by political analyst Denny Januar Ali. 1. INDONESIANS NOW TRUST PROSECUTORS MORE THAN KPK, NEW SURVEY REVEALS -- JAKARTA GLOBE Indonesia is planning to reduce its liquefied petroleum gas (LPG) imports from the Middle East and increase procurement from the United States, according to Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung. 2. INDONESIA TO SHIFT LPG IMPORTS FROM MIDDLE EAST TO US -- ANTARA 1. COOPERATIVES TO BE ECONOMIC DRIVERS -- THE GLOBAL NEW LIGHT OF MYANMAR During the International Cooperative Day celebration, the government outlined its vision to promote the people-centric enterprises to improve the socio-economic status of the citizens. There are 38,638 cooperative societies to date in Myanmar. 2. COMPULSORY DIGITAL SCALES FOR GOLD TRADERS -- THE GLOBAL NEW LIGHT OF MYANMAR The Federation of Myanmar Gold Entrepreneurs Association has instructed all gold shops to switch to digital weighing scales as the government wants to protect consumers. The association also asked gold refineries, merchants and online traders to obtain trading licences. SINGAPORE 1. TTSH TO DEMOLISH CENTURY-OLD PAVILION WARDS, KEEPING ONE AS HERITAGE MARKER -- THE STRAITS TIMES After standing for around a century, all but one of Tan Tock Seng Hospital's (TTSH) nine remaining pavilion wards will be demolished, with the retained ward to serve as a heritage marker. 2. CPF AT 70 – THE EVOLUTION OF A DO-IT-ALL SOCIAL SECURITY SCHEME THAT STILL FINDS IT IMPOSSIBLE TO PLEASE EVERYONE -- CNA Twelve years ago, Mr Francis Tan and his spouse sat across from a Housing and Development Board (HDB) officer, preparing to sign the deed for their first home. THAILAND 1. ARMY SAYS CAMBODIAN TROOPS STAGING BORDER STANDOFFS TO SHOW DOMINANCE ONLINE -- THE NATION 2nd Army reveals Cambodian troops cross into Thai territory to stage provocations, film videos, and conduct IO aimed at portraying dominance over Thai forces. 2. BETTING ON CASINO BILL -- BANGKOK POST The Pheu Thai-led government is again under pressure to put on hold the controversial entertainment complex bill after Deputy Finance Minister Julapun Amornvivat indicated the bill needs to be reviewed by the newly formed cabinet before proceeding with it further. VIETNAM 1. OVER 10 MILLION FOREIGN VISITORS IN THE FIRST SIX MONTHS -- VIETNAMPLUS Vietnam recorded nearly 10.7 million international arrivals in the first half of 2025. In June alone, about 1.5 million foreigners visited the country and air travel remained popular, with over nine million arrivals. 2. VIETNAM-BRAZIL WARM UP TIES IN RIO DE JANEIRO -- VIETNAMPLUS Vietnamese Prime Minister Pham Minh Chinh and Brazilian President Luiz Inacio Lula da Silva discussed strengthening bilateral relations. They also touched on the Action Plan to implement the Vietnam-Brazil Strategic Partnership for the period of 2025-2030. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio Twitter : @ @BernamaTV, @bernamaradio Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial TikTok : @bernamaofficial
Time of India
04-07-2025
- Business
- Time of India
Women-led milk cooperatives grew by 21% in five years: Govt
SLUG: INTERNATIONAL COOPERATIVE DAY Gandhinagar: Women-led cooperatives in Gujarat have grown by 21% over the past five years, with their annual revenue crossing Rs 9,000 crore, the state govt said on Friday. Union home and cooperation minister Amit Shah is scheduled to visit Gujarat on Saturday to participate in events marking International Cooperative Day. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad According to state govt data, the number of women-led milk cooperatives rose from 3,764 in 2020 to 4,562 in 2025. Currently, women account for 25% of milk union board members and nearly 12 lakh of the total producer members. The govt stated that by the end of 2025, 25% of all directors on milk union boards will be women. The total number of women members in milk cooperatives has also seen steady growth, with women making up about 12 lakh of the 36 lakh total members in the state. Data from the Gujarat Cooperative Milk Marketing Federation Limited (GCMMF) shows that milk procurement by women-led cooperatives increased by 39%—from 41 lakh litres per day (LPD) in 2020 to 57 lakh LPD in 2025. This now accounts for around 26% of Gujarat's total milk procurement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Regarding income, the statement said women-led milk cooperatives generated an estimated daily income of Rs 17 crore in 2020, totalling Rs 6,310 crore annually. In 2025, this figure rose to Rs 25 crore per day, pushing the estimated annual income above Rs 9,000 crore.
India Gazette
04-07-2025
- Business
- India Gazette
Gujarat's women-led dairy societies surges by 21%, revenue hits 9,000 cr
Gandhinagar (Gujarat) [India] July 4 (ANI): Under the leadership of Gujarat Chief Minister Bhupendra Patel, Gujarat has successfully translated Prime Minister Narendra Modi's vision of women's empowerment into actionable initiatives. By prioritising the cooperative model, the state has not only enhanced women's leadership in the rural economy but also strengthened the cooperative sector. This approach, guided by Union Home & Cooperation Minister Amit Shah, emphasises the vital role of economically and socially empowering women as part of building a self-reliant India. Through these efforts, Gujarat exemplifies how cooperative models can uplift communities and foster sustainable development. On the occasion of International Cooperative Day, the Government of Gujarat released inspiring statistics showcasing the rising participation of women in cooperatives across the state. According to the release, between 2020 and 2025, the number of women-led dairy cooperative societies grew by 21% from 3,764 to 4,562. According to the Gujarat Cooperation Department, women's leadership in the dairy sector is increasing significantly. In the year 2025, the board of the milk union had 25% of women as 82 directors, which reflects their active participation in the policy-making of milk unions. Furthermore, out of 36 lakh dairy producer members in Gujarat, approximately 12 lakh are women, accounting for nearly 32% of the total. Not only that, during the same period, women's participation in the management committees of village-level cooperative societies has increased by 14%. The number of women in these committees has risen from 70,200 to 80,000, as stated in the release. These women are now actively taking on key responsibilities such as policymaking, operations, and monitoring at the grassroots cooperative level. On the special occasion of International Day of Cooperatives, data shared by the Gujarat Cooperative Milk Marketing Federation Limited (GCMMF) reveals that milk procurement by women-led dairy cooperative societies in Gujarat has increased by 39%, from 41 lakh litres per day in 2020 to 57 lakh litres per day in 2025. This now accounts for approximately 26% of the state's total milk procurement. Women-led dairy cooperatives in Gujarat have not only become a symbol of social transformation but also a significant contributor to the rural economy. In 2020, these cooperatives had an estimated daily revenue of 17 crore, amounting to approximately 6,310 crore annually. Over the past five years, this figure has risen to 25 crore per day by 2025, surpassing the estimated annual revenue of 9,000 crore. This reflects a remarkable increase of 2,700 crore in revenue, a 43% growth during this period. This success stands as a strong testament to the empowerment of women through the cooperative model. (ANI)
