Union Home and Cooperation Minister Amit Shah said, the Ministry of Cooperation has taken up an initiative to cover every district in the country with a viable District Central Cooperative Bank (DCCB) and a viable district milk producers’ union.
In this regard, the Ministry has requested NABARD to prepare a scheme/action plan for opening of new DCCBs in uncovered districts for complete coverage of cooperative banks.
The Government on 15.02.2023, has approved the Plan for strengthening cooperative movement in the country and deepening its reach up to the grassroots.
The Plan envisages establishment of new multipurpose PACS or primary dairy/ fishery cooperative societies covering all the uncovered Panchayat/ villages of the country in the next five years, through convergence of various GOI schemes, including Dairy Infrastructure Development Fund (DIDF), National Programme for Dairy Development (NPDD), PM Matsya Sampada Yojana (PMSSY), Fisheries & Aquaculture Infrastructure Fund (FIDF).
“State-level cooperative societies which are registered under cooperative societies acts of respective states fall under the purview of the State Government. The Ministry of Cooperation has been working together with State Governments for the development of the cooperative sector in the country with the spirit of cooperative federalism”, Shah added.