Cooperative societies all set to disburse loans for local body projects

Key Points

1. New scheme to provide loans for local self-government institutions through cooperative societies.
2. The scheme will utilize surplus funds from cooperative societies.
3. Announced by Cooperation Minister V.N. Vasavan.
4. ’Vision 2031’ seminar held to discuss the future development of the cooperative sector.
5. Local bodies to be granted membership in cooperative banks.
6. Amendments to relevant laws will be introduced.
7. Unified software system for primary cooperative societies transactions to be completed within a month.
8. Published on October 28, 2025.