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Amit Shah Unveils NABARD’s Digital Suite, Sets Bold Targets to Scale India’s Cooperative Economy

NABARD used the Gandhinagar Earth Summit to debut 14 tools that place cooperative finance on a common digital platform, enabling phased national adoption.

Overview

  • At the Earth Summit in Gandhinagar, Shah announced a plan to triple the cooperative sector’s share of GDP, establish one cooperative in every panchayat and exceed 50 crore active members.
  • He launched NABARD’s Sahakar Saathi suite with 14 services, including Sahakar Setu for online loans, digiKCC for fully digitised Kisan Credit Cards, ePACS for 25,000 PACS and a Cooperative Governance Index.
  • Officials said a cooperative taxi pilot in Delhi has attracted about 51,000 driver registrations, which Shah projected could grow into the country’s largest taxi network within two years.
  • Shah reported 49 lakh farmers have adopted natural farming and said a nationwide organic testing network is being built with India Organics and Amul Organics to certify produce for domestic and global markets.
  • During a review in Ahmedabad and Gandhinagar, Shah was told 1,349 ponds across 162 villages are being linked and he directed that deepening be finished before the monsoon to improve water storage.