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…
Latest National Cooperative Development Corporation News & Updates
New Delhi, Feb 10 (IANS) The government and the Reserve Bank of India (RBI) have taken various measures to strengthen cooperative banks’ financial health, governance and digital inclusion, along with enhancing deposit security, credit availability and prudent regulation, the Parliament was informed on Tuesday. The Central Bank, in consultation with the Centre, announced that loans sanctioned by banks to the National Cooperative Development Corporation (NCDC) from January 19, 2026, for on-lendi…
New Delhi, Feb 5 (IANS) As many as 2.94 crore women’s self-help group (SHG) members in rural areas have been trained on various aspects of financial inclusion, including banking services, during the first nine months of FY 2025-26, up to December, Parliament was informed on Wednesday. To enhance awareness of financial products and services in rural areas, the National Livelihood Mission has undertaken extensive Financial Literacy initiatives through trained Financial Literacy Community Resource …
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman announced several incentives for primary cooperative societies in the Budget proposals for 2026-27 presented in the Parliament on Sunday.These include allowing a deduction to primary cooperative societies for the supply of cattle feed and cotton seed produced by their members, which will result in reducing the tax burden. Presently, the deduction is allowed to a primary cooperative society engaged in supplying milk, oilseeds, fruits or …
Mumbai, Jan 27 (IANS) The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday, took decisions focusing on skill development, infrastructure liquidity, and administrative reforms.Among the major decisions, the cabinet approved the launch of Pradhan Mantri Skilling And Employability Transformation through Upgraded ITIs (PM SETU) in Industrial Technical Institutes to boost youth employment.Its implementation will begin in Industrial Training Institutes (ITIs) in Nagpur, Chh…