Public Sector, Private Sector, and Cooperative Sectors are the three main pillars of the India Economy. The public and private sectors are often given due importance, but people seldom talk about the cooperative sectors. To change this mentality of the people, entire India observes the National Cooperative Week for a whole week once in a year.
It starts on the 14th of November and ends on the 20th of November. Every state and Union Territory in India observes this event during the given week with much zeal.
National Cooperative Week 2020
This time, the nation is going to observe 67th National Cooperative Week in 2020. According to the information received so far, preparations have been started for this event. Many meetings are being held in the capital of India, New Delhi, regarding the design of programs organized by the governing committees this year.
Although the outbreak of the Corona epidemic has been on the whole world this year, there seems no impact of it the preparation regarding the National Cooperative Week. In such a situation, now it is to see what special and unique happens on the event of the year. However, the theme for this year’s celebration has not yet been disclosed.
There is not much information available about how the celebration of National Cooperative Week started in India. It was first observed in the year 1953. It was not much longer after the Indian had got independence from the British Empire. Some Cooperative Sectors demanded an annual observation in the favour of the cooperative sectors of the Indian economy. It was to felicitate them and motivate them to work much better.
Soon, the Government of India also understood the role of the Cooperative sectors in India. To honour them, it launched the National Cooperative Week to be celebrated annually for one week, starting from 14 November to 20 November. The nation has been observing the National Cooperative Week since 1953.
National Cooperative Week is a weekly event related to finance and has great importance in the economic development of the country. Organizing various conferences and familiarizing people with the cooperative sector is included in this day as the primary celebration. Organizing various conferences and familiarizing people with the cooperative sector is included in this day's first festival. Through these conferences, it is also ensured that which sectors need support and which sectors contribute most to the development of the economy.
On this day, people are made aware of the cooperative sector's contribution to the economy, and its benefits are communicated to the people. They actively participate in the programmes and activities to be held on the day as they increase their knowledge about the cooperative sectors. Every individual who participates in the National Cooperative Week day’s programmes, directly or indirectly contributes to the growth of the economy of the nation.
Objectives and Significance
National Cooperative Week is an all India event to make people united and think on a matter with different perspectives but for a unified goal. It gives the whole nation a chance to think about the cooperative sectors of our society and work for their growth. Even people get a chance to know more about them.
Through the various meetings, held in different parts of the nation, the calamities to occur soon on Cooperative Sectors are identified, and people together think for the possible solution that can be made at the right time.
Having complete knowledge and information about Cooperative Sectors can help young people in making their career in this field. They can also study and research in the field to make it an important part of the economy of the nation.
Even many legendary political personalities have always worked in favor of promoting the cooperative sectors since the independence of India. They bring new hope and better opportunities for employment in the nation.
Themes of National Cooperative Week
As we have earlier said that the nation observes National Cooperative Week every year, we are providing below with the theme applied on some of the previous year observations.
- The theme for 2019 – Role of Cooperatives in New India
- The theme for 2018 – Inclusive Growth and Good Governance through Cooperatives for Rural Prosperity.
- The theme for 2017 – Empowering People through Digitization of Cooperatives
- The theme for 2016 – Role of Cooperatives in Sustainable Development and Growth
- The theme for 2015 – Make in India through Cooperatives
- The theme for 2014 – Cooperative Model for Sustainable and Inclusive Growth
- The theme for 2013 – Socio-Economic Resurgence in the changing times
- The theme for 2012 – Cooperative Enterprises Build a better World
- The theme for 2011 – Inclusive Development through Cooperatives
- The theme for 2010 – Progressive Farmer, Prosperous Nation
What We can do on the Day?
As an individual and a responsible citizen of the nation, we too can contribute to the growth of the Cooperative Sectors of our nation. There are many things through which we can do it. We read about cooperatives and gain as much information as is possible. Besides gaining, it is also important that we share the same with others.
After having much knowledge about cooperatives, we can also choose to work with them. By doing this, we will not gain a unique experience only, but also we will be able to motivate others to join cooperatives.
We can also share much information over social media as there we can reach many people in a single effort.
What is a Cooperative Sector?
A Cooperative Sector is a company or an organization that is managed by an individual or a group of some people. These sectors have limited resources to grow and no backend support. However, the Government interferes with me on some matters associated with them.
Cooperative Sectors in the Indian Economy
AMUL (Anand Milk Union Limited) is one of the major Cooperatives in India. KMF (Karnataka Milk Federation) also comes in the list with playing a major role in the success of the cooperatives in the nation. Indian Coffee House, Pratibha Mahila Sahakari Banks, Vasudhara Dairy, and Anyonya Cooperative Bank Limited are some other cooperatives in India.
Some examples of cooperative banks are Nutan Nagarik Sahakari Bank Limited, Bharat Cooperative Bank Limited, Goa Urban Cooperative Bank Limited, Janata Sahakari Bank Limited, and New India Cooperative Bank Limited, etc.
Cooperative Sectors are autonomous yet they can’t be excluded from the economy. They provide society with better services and proper growth. Though they are not provided with many resources, they are making their path themselves nowadays. Making your career in the cooperative sector has become a trend and is preferred by most of the people. It is safely secure, relevant, and flexible.