Union Minister of Home Affairs and Cooperation Amit Shah will inaugurate Cooperative Kumbh 2025 (CoopKumbh 2025) – an international conference on the urban cooperative credit sector – at Vigyan Bhawan, New Delhi, on Monday.
The two-day event, themed “Digitizing Dreams – Empowering Communities,” aims to strengthen the cooperative framework for financial inclusion and promote innovation in the cooperative banking landscape.
The conference is being organized by the National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) under the aegis of Union Ministry of Cooperation. It will serve as a key platform for collaboration among policymakers, regulators, cooperative leaders, financial institutions, and technology innovators from India and abroad.
Highlighting the significance of the event, NAFCUB President Laxmi Dass said the conference will deliberate on a wide range of issues, including digital transformation, governance reforms, and the empowerment of women and youth leadership in the cooperative sector.
He emphasized that CoopKumbh 2025 aims to empower communities through dialogue, innovation, and a shared vision, ensuring that the cooperative model continues to play a vital role in India’s inclusive growth journey.
The conference will also feature participation from international experts, including representatives from the World Council of Credit Unions and GreenStone Farm Credit Services, who will share insights on global best practices in cooperative finance and sustainable banking.
Marking a milestone in the global cooperative movement, CoopKumbh 2025 aligns with the International Year of Cooperatives 2025, as declared by the United Nations.
The event underscores the crucial role of cooperative finance in advancing economic empowerment, digital innovation, and community-driven development. With the participation of key stakeholders from across the cooperative ecosystem, CoopKumbh 2025 is poised to chart a transformative path for India’s urban cooperative credit institutions, reinforcing their role as engines of grassroots financial inclusion and social progress.
(With inputs from IANS)