The launch of the National Cooperative Database (NCD) will be a milestone in the cooperative sector
- Union Home Minister and Minister of Cooperation, will launch the National Cooperative Database at New Delhi.
- The Minister of Cooperation will also release the 'National Cooperative Database 2023: A Report'.
The National Cooperative Database (NCD)
- It is a central hub for information on India's cooperative societies, created by the Ministry of Cooperation.
- This online platform aims to strengthen the cooperative sector by providing a comprehensive and up-to-date resource.
- Developed with input from state governments, federations, and other stakeholders, the NCD acts as a bridge between the central government, states, and individual cooperatives.
- Information on each society, including registration details, location, membership numbers, and financial data, is collected and validated.
- This allows for better communication and collaboration across the cooperative network.
The NCD offers several advantages:
- Easy access: All data is available in one place, simplifying information retrieval.
- Reliable information: Data is comprehensive, current, and accurate.
- User-friendly interface: The system is easy to navigate and use.
- Network connections: The database helps identify linkages between cooperatives.
- Customizable reports: Users can generate reports and graphs based on specific criteria.
- Data-driven insights: The NCD allows for data analysis to inform decision-making.
- Visual representation: Geographical mapping provides a clear picture of cooperative distribution.
Prelims Takeaway
- Minister of Cooperation
- 'National Cooperative Database 2023