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New Delhi, Nov 10 (IANS) Union Home and Cooperation Minister Amit Shah will inaugurate the Co-operative Kumbh 2025 (Kupkumbh 2025), an international conference on the urban cooperative credit sector, at Vigyan Bhawan in New Delhi on Monday.
The two-day event themed “Digitizing Dreams – Empowering Communities” aims to strengthen the cooperative foundation for financial inclusion and promote innovation in the cooperative banking landscape.
The prestigious conference is being organized by the National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) under the aegis of the Ministry of Cooperation, Government of India. It is a premier platform designed to promote collaboration between policy makers, regulators, cooperative leaders, financial institutions and technology innovators from India and abroad.
Highlighting the importance of the event, NAFCUB President Lakshmi Das said the conference would deliberate on a wide range of issues including digital transformation, governance reforms and empowerment of women and youth leadership in the cooperative sector.
He emphasized that Kup Kumbh 2025 seeks to empower communities through dialogue, innovation and a shared vision, ensuring that the cooperative model continues to play a key role in India’s inclusive growth story.
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 an important moment in the global cooperative movement, Kup Kumbh 2025 aligns with the International Year of Co-operatives 2025 declared by the United Nations.
The event highlights the important role of cooperative finance in driving economic empowerment, digital innovation and community-driven development.
With the participation of key stakeholders from the cooperative ecosystem, Kup Kumbh 2025 is set to chart a transformational path for India’s urban cooperative credit institutions, strengthening their role as engines of grassroots financial inclusion and social progress.
–IANS
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