New Delhi [India], March 7 (HBTV): Union Home Minister and Minister of Cooperation Amit Shah will launch the National Cooperative Database on Friday here in the National Capital —another important initiative of the Ministry of Cooperation. 

The minister will also release the 'National Cooperative Database 2023: A Report'. 

With the initiative, the Ministry of Cooperation has recognized the imperative need for a robust database to capture vital information about India's vast cooperative sector. 

Collaborating with state governments, national federations and stakeholders, a national cooperative database has been developed to foster a cooperative-centric economic model, said the Ministry of Cooperation. 

Approximately 1,400 participants including secretaries and other senior officers of central ministries and departments, additional chief secretaries and principal secretaries of cooperation from states and UTs, Registrar of Cooperative Societies, cooperative societies, and cooperative federations and unions across the country will attend the event.             

A technical workshop will be organized in the forenoon session to brief and enlighten the participants about the use and application of the National Cooperative Database and its potential to improve the cooperative landscape in India.  

The launch of the National Cooperative Database will be a milestone in the cooperative sector. The growth of cooperatives in the rural areas holds the promise of addressing economic, social, and community challenges, empowering individuals, alleviating poverty, and contributing to the overall well-being of rural communities. This initiative signifies a positive transformation at the grassroots level, aligning with the vision of a prosperous India. 

The data of cooperatives was collected on the National Cooperative Database in a phased manner from the various stakeholders. In the first phase, mapping of about 2.64 lakh primary cooperative societies of three sectors such as Primary Agriculture Credit Societies, dairy, and fisheries, was completed. 

The National Cooperative Database is a web-based digital dashboard wherein data of cooperative societies including national, state federations have been captured.  

(ANI) This is a syndicated news feed. HBTV has edited it for brevity and clarity.