About the Department
Co-operative movement aims at all round economic and social development of small and marginal farmers, artisans and other societies through its operations. For the upliftment of the people of this state in general and the tribal community in particular co-operatives have to play a vital and significant role. Agriculture is the lifeline of the people living in this state. In this context the broad objective of the Co-operative department is to provide short and medium term production credit through a network of LAMPS and PACS through the nine Central Co-Operative Banks in the area it is, proposed to setup an apex bank at the state level which will also look after the land development function of meeting the long term credit needs. The six Co-Operative Banks are Ranchi-Khunti Central Co-Operative Bank, Gumla-Simdega Central Co-Operative Bank, Singhbhum Central Co-Operative Bank, Hazaribagh Central Co-Operative Bank, Giridih Central Co-Operative Bank, Dumka Central Co-Operative Bank.
As Co-Operative movement signifies the abolition of the capitalist?s monopoly it should pave the way for decentralization. Based on trust, self-help and mutual aid, the Co-Operative societies have been given the responsibility of being accountable, competitive and self-reliant. Formations of such societies are being encouraged for the weaker