Cooperative

Introduction:-

The Cooperative  movement in District Budgam is playing an important role in the upliftment of economy of the rural population  by providing farming community  different types of  Agriculture inputs   through net work of 110  functional Cooperative societies  registered under the J&K Cooperative Societies Act.1989 .Besides this Cooperative Sector District Budgam  is distributing  45%  of k.oil to the general public on the basis of allocations made by the FS,CAPD District Budgam  on monthly basis. Presently  poultry and Dairy Cooperative Societies are being  registered under the J&K Cooperative Societies Act.1989 and other specialised pry. Level cooperatives like Floriculture,Agri-Allied, Housing, Education  etc. are being  registered under the J&K Self Reliant  Cooperative Act.1999. It is pertinent to mention here that presently 02 Cooperative  Acts are governing the working of cooperative Societies namely J&K Cooperative Societies Act.1989 and J&K Self Reliant Cooperative Act.1999. Cooperative Sector District Budgam covers almost 450  villages of District Budgam. 

Now -a-days due to globalization and privatization Cooperative Sector at large has received a set back because the distribution of k.oil, chemical fertilizer and other essential commodities  have been gradually taken away from the Cooperative Societies and Cooperative Department is now  diversifying its activities into new innovative fields like poultry, Dairy, Education and pashmeena. At present 62 poultry Cooperative Societies have been registered under the J&K Cooperative Societies Act.1989. Out of which 15 poultry Cooperative Societies are fully funded, 03 poultry Cooperative Societies are partly funded  under the National Cooperative Development Corporation  ( NCDC ) sponsored poultry development scheme  in J&K  for development of commercial  poultry projects and  legal documents of the remaining 02 poultry Cooperative Societies are under process.