Home Minister Amit Shah is set to launch the National Cooperative Database in New Delhi, aligning with Prime Minister Narendra Modi’s vision of “Sahakar se Samriddhi”.
Purpose of the Database
The Ministry of Cooperation aims to fulfill the need for a robust database to capture vital information about India’s vast cooperative sector.
Launch Event Details
Amit Shah, also the Minister of Cooperation, will release the ‘National Cooperative Database 2023: A Report’. The event will be attended by around 1,400 participants from various sectors.
Collaboration and Development
The database has been developed collaboratively with state governments, National Federations, and stakeholders to foster a cooperative-centric economic model.
Importance of the Database
The launch of the National Cooperative Database (NCD) marks a significant milestone in the cooperative sector, promising positive transformation at grassroots levels.
Data Collection Phases
Data collection occurred in three phases covering various cooperative sectors, including agriculture, dairy, fisheries, banking, and more.
Database Structure
The National Cooperative Database is a web-based digital dashboard capturing data of cooperative societies and federations, facilitating efficient communication and transparency.
Benefits of the Database
The database offers numerous benefits including comprehensive data access, user-friendly interface, MIS reports, data analytics, and geographical mapping, enhancing transparency and collaboration within the cooperative sector.
Conclusion
The success of the initiative relies on effective collaboration and strategic utilization of the database for informed decision-making and policy formulation to address sectoral gaps.
Multiple Choice Questions (MCQs):
- Who is set to launch the National Cooperative Database?
- A) Prime Minister Narendra Modi
- B) Home Minister Amit Shah
- C) Finance Minister Nirmala Sitharaman
- D) Agriculture Minister Narendra Singh Tomar
- What is the primary purpose of the National Cooperative Database?
- A) To capture information about political parties
- B) To foster economic growth in urban areas
- C) To capture vital information about India’s cooperative sector
- D) To promote international trade partnerships
- How many participants are expected to attend the launch event?
- A) 500
- B) 1,000
- C) 1,400
- D) 2,000
- What is one of the benefits offered by the National Cooperative Database?
- A) Access to political news updates
- B) Comprehensive data access
- C) Entertainment streaming services
- D) Transportation services
- How many phases were involved in the data collection process for the database?
- A) One
- B) Two
- C) Three
- D) Four