header logo
Vallibel FD
vallible LE
Latest
Co-ops take spotlight in India-Sri Lanka Dialogue in New Delhi
Sep 26, 202511:03 AM
Co-ops take spotlight in India-Sri Lanka Dialogue in New Delhi
Mobitel inner 1278

India and Sri Lanka have taken a fresh step towards strengthening their cooperative ties with a high-level bilateral meeting in New Delhi on Thursday. 

 

Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and Cooperative Development of Sri Lanka, met Union Minister of State for Cooperation and Civil Aviation Murlidhar Mohol at Atal Akshay Urja Bhawan to explore new avenues of collaboration in the cooperative sector.

 

The talks revolved around building stronger institutional linkages, sharing knowledge, and improving the skills of those engaged in the cooperative movement. Both sides acknowledged that cooperatives play a vital role in rural development, food security, and inclusive economic growth, and that closer collaboration could help address common challenges faced by the sector in both countries.

 

The Indian delegation included senior officials such as Ashish Kumar Bhutani, Secretary of the Ministry of Cooperation, along with representatives from the Ministry of External Affairs and the National Cooperative Exports Limited. From the Sri Lankan side, the meeting saw the participation of High Commissioner Mahishini Colonne, Secretary K A Vimalenthirarajah, and other senior officials.

 

India offered to share its experience in building large and diverse cooperative structures, ranging from dairy and sugar to credit societies and new-generation cooperatives engaged in exports. The recent reforms in India, including amendments to the Multi-State Cooperative Societies Act, the creation of a Cooperative Ombudsman, and the launch of NCEL to enable cooperatives to enter global markets, were highlighted as examples that could inspire similar initiatives in Sri Lanka.

 

For its part, Sri Lanka shared insights from its own cooperative traditions in agriculture and fisheries, where community-based models continue to play a central role in supporting livelihoods.

 

Capacity building was identified as a critical area of future cooperation. India has been working on the idea of a National Cooperative University to provide dedicated education and training to cooperative leaders, and such initiatives were discussed as potential areas of collaboration.

 

Both sides emphasized the need for exchange programs, joint training modules, and technology-sharing platforms that could strengthen governance and improve transparency within cooperative institutions.

 

The timing of the meeting is significant as India and Sri Lanka are already deepening their economic engagement through the India-Sri Lanka Free Trade Agreement and related mechanisms. Strengthening the cooperative sector adds a people-centric dimension to this partnership, ensuring that small farmers, artisans, and local entrepreneurs benefit directly from regional cooperation.

 

The cooperative movement in both countries has the potential to create rural jobs, enhance productivity, and expand social equity, making it an effective tool for sustainable development.

 

The discussions ended on a positive note, with both delegations expressing optimism that the cooperative sector could become a cornerstone of future bilateral relations. By turning dialogue into action through joint projects, shared technologies, and pilot ventures, India and Sri Lanka signaled their commitment to building a stronger, more inclusive economic partnership rooted in the values of cooperation and mutual growth.

 

Source: Indian Cooperative
--Agencies  

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
PSTA draws widespread opposition from civil groups; Several protests planned against the Bill

PSTA draws widespread opposition from civil groups; Several protests planned against the Bill

Parliament heated over no-confidence motion against Speaker; SJB stages protest within the chamber

Parliament heated over no-confidence motion against Speaker; SJB stages protest within the chamber

 Namal Rajapaksa granted bail in Krrish bribery case based on exceptional circumstances by court

Namal Rajapaksa granted bail in Krrish bribery case based on exceptional circumstances by court

 "PSTA will cause serious damage to the country" Opposition says PSTA an attempt to suppress dissent

"PSTA will cause serious damage to the country" Opposition says PSTA an attempt to suppress dissent

 Crowds flock to IRD offices amid new TIN requirement; IRD urges public to avoid unnecessary visits

Crowds flock to IRD offices amid new TIN requirement; IRD urges public to avoid unnecessary visits

More opposition against new security bills Govt too incompetent to govern the country – Sajith

More opposition against new security bills Govt too incompetent to govern the country – Sajith

 Prices of petrol and diesel increased; Bus, three-wheeler and other TUs dismayed by fuel price hike

Prices of petrol and diesel increased; Bus, three-wheeler and other TUs dismayed by fuel price hike

Govt promises substantial relief through Budget; Opposition says govt continuing to increase taxes

Govt promises substantial relief through Budget; Opposition says govt continuing to increase taxes

No fuel price revision for November? Public turns to social media amid shortage of LP gas

No fuel price revision for November? Public turns to social media amid shortage of LP gas

Sri Lanka's tax arrears near Rs. 2.1 trillion IMF calls for reforms citing collection challenges

Sri Lanka's tax arrears near Rs. 2.1 trillion IMF calls for reforms citing collection challenges

Policymakers must ensure equal access to AI -  SCU Vice-Chancellor Prof. Tyrone Carlin on Hyde Park

Policymakers must ensure equal access to AI - SCU Vice-Chancellor Prof. Tyrone Carlin on Hyde Park

Courts must be independent  and ensure governments act within the law - SC Justice Yasantha Kodagoda

Courts must be independent and ensure governments act within the law - SC Justice Yasantha Kodagoda

Taxpayer Identification Number to be mandatory  for certain transactions from Nov. 1

Taxpayer Identification Number to be mandatory for certain transactions from Nov. 1

16-year-old hospitalised with gunshot wounds  after police fire on three-wheeler in Kadawatha

16-year-old hospitalised with gunshot wounds after police fire on three-wheeler in Kadawatha

'Kassapa Thero and I visited the hotel on separate days'- Sarath Weerasekara responds to controversy

'Kassapa Thero and I visited the hotel on separate days'- Sarath Weerasekara responds to controversy

Lassana Flora