Jammu, Nov 15 (FN Agency) Commending the significant role being played by all stakeholders associated with the cooperative movement in building a strong eco-system for growth of cooperative sector in the Union Territory, Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday said that the Jan-Andolan for promotion of social-enterprises, its values, and principles to establish equality, equity, and solidarity are pivotal for bringing socio-economic development for inclusive growth in rural J&K.Sinha while speaking after inaugurating the 69th All India Cooperative Week celebrations across the UT of J&K, during a function here at General Zorawar Singh Auditorium, University of Jammu, said, “under the guidance of Prime Minister Narendra Modi and Home and Cooperation Minister, Amit Shah, the Cooperatives are being transformed as an effective economic instrument for ensuring growth in sectors like agriculture, handicraft, sugar, dairy, textiles, fisheries, storage, food processing and upliftment of small & marginal farmers, he added. Cooperatives are perhaps the best medium to reach out to the far-flung areas of J&K UT and the poor and marginalized sections.” In the era of Startups and Unicorns, we need to meet the aspiration of youth and Cooperatives need to constantly reinvent themselves. Cooperatives should be established as one of the pillars for economic and social development, he further added. Highlighting the achievements made under the Cooperative sector in the UT, the Lt Governor shared the government’s vision to strengthen the cooperative movement in Jammu Kashmir.
This year’s theme “India@75: Growth of Cooperatives & Future Ahead” is our resolve to build a resilient and viable business ecosystem of Cooperatives with special participation of youth and women and enable Cooperative-based economic model to realize the Mantra of ‘Sahkar Se Samriddhi’, the Lt Governor said. He said, “Cooperatives need to address the challenges our rural economy and people are facing today and must offer financial and non-financial benefits. Since it is driven by the local members who understand the needs, it can have a greater impact on health, education, agriculture, credit, tourism, green energy and hospitality sectors.” The Lt Governor observed that the UT administration is laying special thrust on registration of Cooperatives, training and capacity building of the stakeholders, modernizing cooperative markets, bringing transparency in the system and creating new markets and enabling government departments to purchase directly from these markets.“We have registered 1006 Cooperatives in the last one year and 31,578 members were trained during Jan-Abhiyan. It shows that the determined efforts are being made to widen the network and ensure capacity building for professional functioning of the cooperatives,” the Lt Governor said.“We are also determined to revive and revitalize the defunct Cooperatives. Recapitalization amount of Rs. 255.71 Crores in favour of three District Central Cooperative Banks were released to improve their fiscal health,” the Lt Governor further added. The Lt Governor maintained that Cooperatives also need to improve business viability and capacity to create employment and income to empower people, adding, “the creation of new cooperatives should be people-driven, the demand for new cooperatives must come from society and their success as a commercial entity will encourage others.”
The Lt Governor further underscored the need to promote close coordination among Primary, District, and State-level Cooperatives. Cross marketing efforts among Self-Help Groups and Handicraft Cooperatives can contribute to women empowerment and various income generating activities. Such efforts can transform Cooperatives in rural areas as vibrant entities. “Government’s focus is on promoting the drive for formation of new multi-purpose Cooperatives, reducing regional imbalance by increasing more Cooperatives per person and exploring new and commercially viable sectors,” he said. The Lt Governor also called for replicating successful models of other states and preparing a comprehensive framework, keeping in mind the viability and the vulnerable sections of the society. There should be proper representation of members of deprived/marginalized sections in the Cooperative sector. The Lt Governor further called for providing Capital infusion and market access to FPOs through the Agriculture Infrastructure Fund, and encouraging them to undertake construction of godowns, as being done in other States/UTs.In her welcome address Yasha Mudgal, Secretar y, Cooperative Department, highlighted the achievements of the department, and informed about the aims & objectives of the 69th All India Cooperative Week. After three decades, J&K is witnessing the launch of Dairy Cooperative Federation which will explore the untapped potential of Milk production and processing, it was informed. On the occasion, the Lt Governor handed over registration certificates to FPOs/Cooperatives, felicitated Cooperative Societies and also inspected the stalls set up by the Cooperative department. A compendium of the Cooperative department was also released.