Context: Sahkar Se Samriddhi Scheme
Sahkar Se Samriddhi reflects the government’s focus on strengthening India’s cooperative movement for inclusive growth, rural prosperity and agricultural development.
Meaning
Sahkar Se Samriddhi means prosperity through cooperation.
Ministry
- Ministry of Cooperation
Vision
To make cooperatives stronger, more transparent, more technology-driven and more inclusive.
Why Cooperatives Matter
Cooperatives support:
- Farmers
- Rural credit
- Dairy sector
- Fisheries
- Storage
- Procurement
- Processing
- Marketing
- Women’s livelihoods
- Rural entrepreneurship
Key Features
- Computerisation of Primary Agricultural Credit Societies.
- Strengthening cooperative banks.
- Promoting multi-purpose PACS.
- Expanding cooperatives in dairy, fisheries and agriculture.
- Improving transparency and governance.
- Supporting rural entrepreneurship and value addition.
PACS
Primary Agricultural Credit Societies are grassroots-level cooperative credit institutions.
They provide credit and services to farmers at the village level.
Significance
- Strengthens rural credit access.
- Reduces dependence on informal moneylenders.
- Supports farmer producer systems.
- Promotes local storage and processing.
- Encourages collective bargaining.
- Supports inclusive rural growth.
Key Data from PIB
The cooperative network includes:
- 8.5 lakh cooperatives
- 6.6 lakh PACS
- 30 crore members
- 3 crore new members
- 98% coverage of rural India
Key Takeaway
Sahkar Se Samriddhi aims to transform cooperatives into engines of rural prosperity, agricultural value addition and inclusive development.
