Ministry of Cooperation
azadi ka amrit mahotsav

70th Cooperative Week Celebration in Vamnicom, Pune

Posted On: 20 NOV 2023 6:08PM by PIB Mumbai

Pune, 20 November 2023

Vamnicom Pune celebrated 70th Cooperative week during 14 – 20 Nov 2023 with much enthusiasm and cooperative centric activities during the entire week. This year theme of cooperative week was “Role of Cooperatives in Making India $ 5 Trillion Economy and Sustainable Development Goals”. Cooperative Week Celebration   commenced on 14 Nov 2023 with a heartfelt tribute to Vaikunth  Mehta, a luminary in the cooperative movement followed by cooperative flag hoisting by Mr R. K. Menon, Registrar of Cooperative society. 

First day activity started with presentation of “ Recent Development in Cooperatives” in Shivenari Auditorium packed with audience. Presentation was made by Dr. A. K. Asthana, Associate Professor on the 54 major  initiatives taken by Ministry of Cooperation for strengthening cooperative movement in the country. Dr A. K. Asthana highlighted the 28 major initiatives which was completed so far by the ministry of  Cooperation. The detailed information for multi purpose primary cooperative societies, new cooperation policy, national cooperative data bank, 3 new multi state cooperative society in area of export, Seed and organic produce was highlighted. During the function a video was also shown to the audience which marked the alignment of all sectors  of cooperatives to make their contribution towards achieving $5 trillion economy GDP set by our  Prime Minister. Relief given by  Home Minister and Cooperative Minister Mr Amit Shah to the urban Cooperative banks, sugar cooperatives was also highlighted. Dr Hema Yadav, Director of Vamnicom delivered a comprehensive presentation on the revitalization of cooperatives, covering various key aspects. She began by delving into the cooperative model, highlighting its significance in addressing societal challenges. Addressing the problems faced by cooperatives, she emphasized the need for a new policy to tackle these issues effectively. The presentation included insights into the preamble of cooperative initiatives and shed light on emerging sectors where cooperatives can play a pivotal role. Notably, Dr. Yadav underscored the development model of cooperatives, citing the staggering statistics of 8.5 lakh cooperatives and 29 crore members, making it the world's largest in terms of membership. Exploring the ecosystem of cooperatives, Dr. Yadav revealed a division where 20% are credit-based and 80% are non-credit based. She illustrated the capital management process in cooperatives, using the exemplar case of AMUL. Highlighting operation areas in need of revitalization, the presentation emphasized 54 initiatives by cooperatives. On 16 Nov 2023 Mr Nachiket Pohekar, Chief Techology officer of Cosmos Bank was invited to deliver key note on theme of this particular day” Adoption and Up gradation of Technology for Digitalization of Cooperatives.   Mr. Nikhil Yadav, Founder and CEO of Krushishastra Agrotech Mr. Sarvesh Ghangalle, CEO and Co-founder of The Farms and Mr. Suvo Sarkar, CEO of SNRASSYSTEMS Startup Venturists  were invited to share their experience in theme of dayEase of Doing Business”  on 17 Nov 2023. On the concluding day of cooperative week on 20 Nov 2023  a online lecture of Mr Kishor Kumar, Chief Project Coordinator was arranged who addressed the gathering. Mr. Kishore Kumar's presentation emphasized the pivotal role of training and education , innovation, technology, and government cooperation in achieving sustainable development goals.


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