Nagaland witnesses growth of co-op movement

There was an increase of 375 registered cooperative societies covering agriculture and allied activities during 2016-17 in Nagaland, reports Morung Express.

A total of 7990 cooperative societies are registered with the government, Nagaland Economic Survey 2016-17.counts.

According to the report, despite efforts to boost the economy through cooperative societies during 2016-17, 342 registered primary cooperative societies remained defunct.

Nagaland being predominantly a small scale economy, the role of primary cooperative societies is important.

Audit has been conducted for 926 primary cooperatives during 2016-17.

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