J&K Registers 1611 New Cooperatives

In a significant move, the Jammu and Kashmir administration has registered 1611 new cooperative societies, aiming to boost the regional economy. This development is expected to provide a fillip to the local businesses and entrepreneurs. The registration of new cooperative societies is a part of the government's efforts to promote economic growth and development in the region. Furthermore, the sanctioning of 708 Primary Agricultural Credit Societies for computerisation will help in streamlining the agricultural credit system and making it more efficient.