Chief Minister Bhagwant Mann has announced that restrictions on forming new cooperative societies in Punjab will be lifted. This includes Primary Agricultural Credit Societies (PACS), milk societies, and labor societies. The move aims to strengthen the cooperative sector, promote financial inclusion, and empower local communities.
By encouraging the creation of more societies, the government seeks to boost economic growth, enhance resource-sharing, and provide better support for farmers, laborers, and small entrepreneurs across the state.