National cooperative database is being created to map cooperative societies: FM

Finance minister Nirmala Sitharaman on Wednesday said that a national cooperative database is being created to map cooperative societies. The move would help in better implementation of the proposed national policy on cooperatives. As per the data published by the NCUI, there are about 8.6 lakh cooperatives in the country, out of which active primary agricultural cooperatives (PACs) are about 63,000.