NCUI

29/05/2026

📢 **NCUI Conducts Online Capacity Building Programme on Financial Governance for Multi-State Cooperative Societies**

Under the able guidance of **Sh. Rajeev Sharma, Executive Director (Finance & NCCE), NCUI**, the National Cooperative Union of India (NCUI) successfully conducted an online awareness and capacity building programme on **“Financial Governance for Multi-State Cooperative Societies as per General Financial Rules (GFR), 2017.”**

Sh. Rajeev Sharma delivered the opening remarks and also proposed the vote of thanks, emphasizing the importance of strengthening financial governance, accountability, and transparency in the cooperative sector.

The programme witnessed active participation from around **100 representatives of Multi-State Cooperative Societies** from across the country.

The keynote address was delivered by **CA. Anurag Dang, Deputy Director (Finance), NCUI**, who highlighted key aspects of financial governance, including:

✅ Financial discipline and accountability
✅ Budgetary controls and prudential management
✅ Internal controls, audit systems & fraud prevention
✅ Delegation of financial powers and compliance mechanisms
✅ Strengthening governance for sustainable cooperative growth

The session provided practical insights into implementing robust financial governance systems in cooperative institutions through transparency, internal controls, and outcome-based budgeting.

NCUI remains committed to promoting professional education, training, and institutional capacity building for strengthening the cooperative movement in India.