New Delhi, March 25 (IANS) The government on Wednesday announced a three-year tax exemption on dividend income for national cooperative federations, a move aimed at benefiting small members and strengthening the cooperative sector.Finance Minister Nirmala Sitharaman said in the Lok Sabha that the tax relief will help boost incomes of small cooperative members and encourage greater participation in the sector.FM Sitharaman stressed that cooperatives, along with micro, small and medium enterprises…
Latest Cooperative Sector News & Updates
Mumbai, March 24 (IANS) Maharashtra Minister of Cooperation Babasaheb Patil on Tuesday announced in the State Council that the government will soon release a comprehensive new cooperation policy to further push for the development of the sector. He claimed that the cooperative sector is a model for social and economic transformation. He was responding to a short-duration discussion initiated by member Pravin Darekar under Rule 97.He told the House that a 15-member committee has been es…
Gandhinagar, March 12 (IANS) Gujarat has achieved unprecedented growth in agriculture over the past two decades, with cotton production rising by 696 per cent and groundnut by 575 per cent, Agriculture Minister Jitu Vaghani said in the state Legislative Assembly on Thursday. Describing the state’s agricultural and cooperative model, Vaghani said: “Farmers are not just providers of food, they are the living arteries keeping the economy beating.”Vaghani highlighted Gujarat’s transformati…
Gandhinagar, Feb 17 (IANS) Union Home and Cooperation Minister Amit Shah chaired a high-level ‘Manthan Baithak’ in Gujarat’s Gandhinagar on Tuesday, bringing together Cooperation Ministers from all the states and Union Territories, to strengthen the cooperative sector and support rural economic growth across the country. The inaugural session was attended by Gujarat Chief Minister Bhupendra Patel, Assembly Speaker Shankar Chaudhary, Deputy Chief Minister Harsh Sanghavi, Ministers of State for Co…
Gandhinagar, Feb 15 (IANS) A high-level meeting of Cooperation Ministers from all states and union territories will be convened in Gujarat’s Gandhinagar on February 17 to review key reforms and expansion plans in the cooperative sector, including the proposed establishment of two lakh new cooperative societies nationwide, officials said on Sunday. The ‘Manthan Baithak’ will be chaired by the Union Home and Cooperation Minister Amit Shah at the Mahatma Mandir convention centre.Cooperation Ministe…
Chennai, Jan 24 (IANS) Tamil Nadu Chief Minister M.K. Stalin said on Saturday that several flagship schemes of the DMK government had been adopted by the Union government, and expressed surprise that Governor R.N. Ravi, despite repeatedly criticising the state administration, appeared unaware of this fact. Replying to the Governor’s address during the state Assembly debate, Chief Minister Stalin added that the Union Home Minister Amit Shah himself had presented awards recognising Tamil Nadu’s pe…
Jaipur, Dec 29 (IANS) Chief Minister Bhajan Lal Sharma said that the State Government is continuously working to strengthen Rajasthan’s agricultural economy and enhance agricultural productivity. He stated that the government’s goal is to enable farmers to adopt smart farming through modern technologies and position the state as a leader in agricultural exports. With this vision, the Global Rajasthan Agritech Meet–2026 (GRAM) will be organised in the state next year. The Chief Minister dir…