As India charts a strategic path towards Viksit Bharat by 2047, the real economic transformation may not emerge from the corporate boardrooms alone — but from the collective strength of its 8.5 lakh cooperatives with a 29.2 crore vibrant member base. Rooted in democratic ownership, these cooperatives enjoy enormous potential in transforming production into prosperity through active interplay of local skill and collective will.

Blending productivity with people’s participation and placing people before profit, from dairy to fertilizers, Indian cooperatives have confirmed coexistence of solidarity and scale and have offered a pragmatic connection between equity and inclusive efficiency.

The World Cooperative Monitor’s 2025 report reveals that agriculture and insurance dominate the cooperat

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