New Delhi, April 7, 2026: Union Home Minister and Minister of Cooperation, Amit Shah, has congratulated Saraswat Cooperative Bank and Amul for achieving an annual turnover exceeding ₹1 lakh crore in 2025–26, describing it as a historic milestone for the cooperative banking and dairy sectors.
Shah highlighted the achievement as a reflection of the strength and potential of cooperative institutions in India. He stated that this success would provide fresh momentum to the nation’s journey toward building an Atmanirbhar Bharat. The Minister extended his heartfelt congratulations to all the “Karamyogies” associated with both organizations for their dedication and contribution.
This milestone underscores the growing impact of cooperative enterprises on India’s economy, with Saraswat Cooperative Bank expanding its financial services and Amul reinforcing its leadership in the dairy sector. Analysts note that such achievements strengthen rural development, farmer income, and financial inclusion.
Experts suggest that the success of these cooperatives demonstrates the synergy between efficient management, community engagement, and consistent innovation. Both institutions have leveraged technology, strategic planning, and strong governance to achieve this landmark growth.
The announcement comes at a time when cooperative institutions are being recognized as key players in India’s economic growth, fostering entrepreneurship and supporting local communities.
The achievement is expected to inspire other cooperative banks and dairy organizations to scale operations and explore new avenues of growth, contributing to the broader goal of economic self-reliance.
Shah’s appreciation also emphasizes the government’s commitment to strengthening cooperative sectors, highlighting their role in employment generation and socio-economic development.
This record turnover will not only enhance investor and public confidence in cooperatives but also encourage greater participation from farmers, members, and employees in building sustainable growth models.
With this landmark performance, Saraswat Cooperative Bank and Amul have set new benchmarks in operational efficiency, financial management, and community-driven enterprise, showcasing the transformative power of India’s cooperative model.
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