PINAKI MAJUMDAR
Jamshedpur, August 31: IIM Ranchi announced a transformative collaboration with the Sidho Kanho Agriculture and Forest Produce State Co-Operative Federation Limited (SIDHKOFED) to significantly enhance Jharkhand’s cooperative sector.
This Memorandum of Understanding (MoU), signed today at SAMETI Bhawan, represents a strategic initiative aimed at revitalizing the state’s cooperative framework.
The MoU was signed by Rakesh Kumar Singh, secretary of SIDHKOFED, and Prof. Deepak Kumar Srivastava, director of IIM Ranchi.
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Strategic initiative to revitalize cooperative framework
IIM Ranchi, a premier management institute known for its academic excellence and research-driven approach, will provide expert advisory services to SIDHKOFED.
Established with a mission to develop managerial talent and foster innovative research, IIM Ranchi brings a wealth of expertise in market development, capacity building, and product branding.
Enhancing operational capabilities for local producers
SIDHKOFED, a key organization in Jharkhand’s cooperative sector, is dedicated to supporting local agriculture and forest produce cooperatives. Its goal is to strengthen the cooperative structure, ensuring that local farmers and producers benefit from improved market access and enhanced operational capabilities.
This strategic partnership aims to transform Jharkhand’s cooperative landscape by equipping cooperatives with the necessary tools for sustainable growth and competitive market presence.
The collaboration is set to bolster regional economic development and support the welfare of local producers.
