{"id":223241,"date":"2023-01-20T18:58:52","date_gmt":"2023-01-20T13:28:52","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=223241"},"modified":"2023-02-25T12:26:03","modified_gmt":"2023-02-25T06:56:03","slug":"year-end-review-2022-ministry-of-cooperation-2","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/year-end-review-2022-ministry-of-cooperation-2\/","title":{"rendered":"Year End Review 2022: Ministry of Cooperation"},"content":{"rendered":"\n<p><b>Source: <\/b><span style=\"font-weight: 400;\">The post is based on the article<\/span><b> \u201c<\/b><b>Year End Review 2022: Ministry of Cooperation<\/b><b>\u201d <\/b><span style=\"font-weight: 400;\">published in <\/span><b>PIB <\/b>on<b> 3rd January 2023.<\/b><\/p>\n<h2><b>What is the News?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><span style=\"font-weight: 400;\">Ministry of Cooperation h<\/span><span style=\"font-weight: 400;\">as launched several initiatives and schemes in 2022.<\/span><\/p>\n<h2><b>What are the schemes and initiatives launched by the <\/b><b>Ministry of Cooperation\u00a0<\/b><b>in 2022?<\/b><\/h2>\n<p><a href=\"https:\/\/forumias.com\/blog\/cabinet-approves-computerization-of-primary-agriculture-credit-societiespacs\/\"><b>Computerization of Primary Agriculture Credit Societies(PACS)\u00a0<\/b><\/a><\/p>\n<h2><b>RBI announced very important policy decisions for the cooperative sector:<\/b><\/h2>\n<p><b>Firstly, <\/b><span style=\"font-weight: 400;\">RBI has increased the existing limits on individual housing loans provided by cooperative banks.<\/span><\/p>\n<p><b>Secondly, <\/b><span style=\"font-weight: 400;\">rural cooperative banks have been allowed to lend to the commercial real estate residential housing sector.<\/span><\/p>\n<p><b>Thirdly, <\/b><span style=\"font-weight: 400;\">urban co-operative banks have now been allowed to provide door-step banking facilities to their customers on the lines of commercial banks.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/forumias.com\/blog\/cabinet-approves-expanding-the-mandate-of-government-e-marketplace-special-purpose-vehicle-gem-spv-to-allow-procurement-by-cooperatives-as-buyers\/\"><b>Registration of cooperative societies as \u2018Buyers\u2019 on the Government e-Marketplace (GeM) platform.<\/b><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A National Level Committee under the Chairmanship of former Union Cabinet Minister <\/span><b>Suresh Prabhu<\/b><span style=\"font-weight: 400;\"> has been formed for drafting the <\/span><b>National Cooperation Policy document.<\/b><\/p>\n<p><b>An allocation of Rs.900 crore <\/b><span style=\"font-weight: 400;\">has been made in the Union Budget for the financial year 2022-23 for the implementation of <\/span><b>various activities of the Ministry of Cooperation<\/b><span style=\"font-weight: 400;\"> which is about 2.5 times the budget provision for the year 2021-22.<\/span><\/p>\n<h2><a href=\"https:\/\/forumias.com\/blog\/amendments-to-the-co-operative-societies-act\/\"><b>Multi State Cooperative Societies (Amendment) Bill, 2022\u00a0<\/b><\/a><\/h2>\n<p><b>Krishak Bharti Cooperative Limited (KRIBHCO) Bio-ethanol project was inaugurated in Hazira, Surat (Gujarat)<\/b><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on the article \u201cYear End Review 2022: Ministry of Cooperation\u201d published in PIB on 3rd January 2023. What is the News? The Ministry of Cooperation has launched several initiatives and schemes in 2022. What are the schemes and initiatives launched by the Ministry of Cooperation\u00a0in 2022? Computerization of Primary Agriculture&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/year-end-review-2022-ministry-of-cooperation-2\/\">Continue reading <span class=\"screen-reader-text\">Year End Review 2022: Ministry of Cooperation<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,7965,9,11218],"tags":[3590],"class_list":["post-223241","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-miscellaneous-daily-factly-articles","category-public","category-year-end-reviews","tag-pib","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700780400,"cached_date":1703989664},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/223241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=223241"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/223241\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=223241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=223241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=223241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}