Union Minister of State for Cooperation, Krishan Pal Gurjar today emphasized that the Ministry of Cooperation will play a pivotal role in revitalizing the rural economy under the leadership of Prime Minister Narendra Modi. After inaugurating a two-day national conference titled “Developing Developed India: Farmer Empowerment, Development, and Rural Progress through Cooperatives”, organised bythe  Regional Institute of Cooperative Management, Chandigarh, Mr. Gurjar highlighted that the cooperative sector entered a new era of inclusivity in 2021. He said, the cooperative sector is expected to contribute one lakh trillion to the nation’s development over the next five years, aligning with the ‘Developed India’ campaign.
Union Minister stated that the Ministry of Cooperation, established by Prime Minister in 2021 with the vision of “prosperity through cooperation,” has since launched around 60 significant initiatives in the last three years. These initiatives aim to transform India’s 8.5 lakh cooperative societies into engines of rural and national growth.
He further added that standardized bylaws are being developed to unify and strengthen cooperative societies, and computerisation of Primary Agricultural Credit Societies (PACS) is underway to boost operational efficiency. Making PACS multi-functional by integrating 25 types of services will unlock greater self-employment opportunities for members, thus benefiting communities and the nation at large