14 November 2017


The inaugural function of cooperative week celebrations was held at Verka plant Mohali here today. The chief guest was speaker of Punjab Assembly Sh. KP Singh as the chief guest and Balbir Singh Sidhu MLA Mohali as the guest of honor for the event. The theme for the first day was “Good governance and Professionalization through Cooperatives”.

Every year The National Co-operative Union of India celebrates the cooperative week from 14th to 20thNovember to propagate the spirit of cooperation.

A cooperative institution is created by the members to be managed in a democratic manner to serve their social and economic needs. The principal objective before a cooperative is not only to earn the participation of its members but also to offer good services to them so that the members are able to generate additional income and social comforts for themselves. Standing true to its mission of adding more income to farmers Verka distributed the price difference money to the milk producers. About 60,000 milk producers received Rs 3.70 crore as price difference. Apart from this, a large number of self-help groups demonstrated their products in an exhibition.

Speaking on the occasion Mr. Manjit Singh Brar, Managing Director, Milkfed said, “Cooperatives have an ability to evoke active participation of people and make it a mass movement. In today’s era of globalization the cooperatives have their unique value and acquire greater relevance. The theme; “Empowering people by digitalization of Cooperatives” is both apt and relevant. Digitalization is the need of the hour and it is very important to adapt and embrace the newer technologies.” “I am hopeful that the weeklong celebrations will provide us an opportunity to deliberate, introspect and review the achievements of Verka and help us to form strategies for future.” he added.



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