NABARD organised the Telangana Cooperative Conclave 2025 in Hyderabad, highlighting cooperatives’ role in rural development and digital transformation.
Agriculture and cooperation minister Tummala Nageswara Rao said that several initiatives by the state government had helped in improving the rice output to 189 lakh tonnes, making Telangana the second-largest rice producer in the country. He was speaking at the Telangana Cooperative Conclave. The event was held to mark the International Year of Cooperatives by the National Bank for Agriculture and Rural Development (Nabard) Telangana regional office.
Nageswara Rao said that rural transformation was the very centre of the government’s growth story and noted the vital role of cooperatives in promoting inclusive and sustainable development.
Konduri Ravinder Rao, Chairman, NAFSCOB, speaking on the occasion, exhorted farmers to work with actions and implement best practices learnt from successful societies. He emphasised the need for focus on inland fisheries.
During the Conclave, a Tripartite Agreement among NABARD, Telangana State Cooperative Apex Bank and 24X7 Moneyworks Consulting was signed which will pave way for issuance of eKCC that enables farmers to apply for loans through digital platform.
A presentation was made by Shri S Manikumar, CGM, NABARD, Mumbai, on Sahakara Sarathi titled Technology and Digital Transformation and way ahead for Rural Cooperative Banks.
Prominent among the dignitaries who attended the Conclave included Chinmoy Kumar, Regional Director, Reserve Bank of India, Hyderabad; Y K Rao, MD, Telangana Cooperative Apex Bank, delegates from DCCBs, FPOs, PACS, Farmer organisations.
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