Institution’s Innovation Council (IIC) cell at I.T.S Mohan Nagar (UG Campus) organized
an insightful Expert Talk on “Successful Cooperative Business Models” on 11th February
2026 in collaboration with the National Cooperative Union of India (NCUI). The session was
delivered by Mr. Ritesh Dey, Executive Director, NCUI, and Mr. Anant Dubey, Deputy
Director, NCUI. The event was coordinated by Dr. Neerja Anand and Prof. Purnima Raina.
The program commenced with the felicitation of the distinguished guests, setting a respectful
and enthusiastic tone for the session.
During the session, the experts elaborated on the concept of cooperative societies as sustainable
and inclusive business models. They explained how cooperative enterprises convert skills into
ideas and ideas into collective benefits, ensuring shared growth and democratic participation.
The speakers highlighted:
The process of forming and registering cooperative societies
The role of NCUI as the apex body supporting cooperatives across states
The importance of structured governance and objective-driven member participation
Examples of successful cooperatives, including long-standing cooperative models in
states like Gujarat
Employment generation and equitable distribution of responsibilities in the initial stages
of cooperative formation
The speakers emphasized that cooperative models empower communities by pooling resources,
skills, and funds to achieve common economic and social objectives. They also discussed how
youth can actively participate in forming innovative cooperatives in emerging sectors.
Dr. Nancy Sharma, Principal, I.T.S Mohan Nagar UG Campus, also addressed the gathering
and enlightened students about the importance of cooperatives in nation-building and
economic empowerment. She explained that cooperatives not only promote entrepreneurship
and self-reliance but also create employment opportunities, encourage ethical business practices,
and ensure inclusive growth. She motivated students to explore cooperative ventures as a viable
career and business option that aligns profit with social responsibility.
The session concluded with an engaging interaction round, where students actively participated
and clarified their queries regarding cooperative registration, governance, and funding
mechanisms.
The event ended on a note of gratitude as Dr. Nancy Sharma honored the esteemed speakers
with a Plaque of Honor, appreciating their valuable insights and contribution.
The expert talk proved to be highly informative and inspiring, equipping students with practical
knowledge about cooperative business models and their transformative potential in today’s
economy.
