India, July 23 -- The Government of India issued the following news release:
A comprehensive National Cooperative Database (NCD) has been developed in phased manner by Ministry of Cooperation, Government of India, with the support of States / UTs. The NCD portal was launched on 8th March, 2024. This database provides a single- point access to information on over 8 lakh cooperatives across the country comprising approximately 30 crore members.
The data of the Cooperative Societies is collected, entered, updated and verified by nodal officers appointed by all the States/ UTs for this purpose. The NCD captures data on parameters such as location, membership, economic activities, infrastructure of the cooperatives, financial performance and Audit details aiding in identifying gaps in the geographical spread of cooperatives. Further improvements and new data sets with functionalities are added in the NCD as per requirement and is a continuous process.
The States and Union Territories regularly update the National Cooperative Database. This database can be used by policy makers, State Governments and other stakeholders for work and strengthening of the cooperative movement, particularly in areas where societies are underperforming.
The rest of the document can be viewed at https://www.pib.gov.in/PressReleasePage.aspx?PRID=2147166
Disclaimer: Curated by HT Syndication.
