Patna buzzed with collaborative energy on Friday as leaders from Bihar State Cooperative Bank (BSCB) and Bihar State Milk Co-operative Federation Ltd. (COMFED) gathered under the chairmanship of COMFED Managing Director Sameer Saurabh. The pivotal joint meeting zeroed in on strengthening ties between cooperative societies to supercharge the dairy sector.
Discussions delved deep into fostering transparency, efficiency, and technological integration across dairy cooperatives. A major focus was onboarding primary dairy cooperative societies (PDCS) and farmers into financial and digital ecosystems, ensuring they reap the benefits of modern services.
The meeting underscored the urgent need for a robust Management Information System (MIS). This system will enable real-time payments to farmers for milk supplied, alongside seamless tracking of collection, payments, memberships, and transactions. Such innovations promise timely remunerations, enhanced financial inclusion, and empowered participation in cooperative frameworks.
This strategic alignment is set to fortify Bihar’s dairy cooperative movement. By bridging gaps between institutions, it paves the way for a more resilient and tech-savvy dairy economy, benefiting thousands of farmers and streamlining operations statewide. Stakeholders hailed the decisions as a game-changer for sustainable growth in the sector.