The major functions of the department assigned by Government of Punjab as Per Rules of Business of 2011 are:
1. Legislation, Policy Formulation and Sectoral Planning:
(a) Functions assigned under the Cooperative Societies Act, 1925 and Rules framed there-under.
(b) Policy Formulation and Planning for Cooperative Societies and Cooperative Banks.
(c) Organization and regulation of Cooperative Societies.
2. Cooperative Societies Entrepreneurship including:
(a) Punjab Provincial Cooperative Bank Ltd.
(b) Cooperative Farming.
(c) Punjab Cooperative Union.
(d) Cooperative Consumer Society.
(e) Punjab Provincial Cooperative Supply and Marketing Federation.
3. Government functions:
(a) Cooperative Training College, Faisalabad.
(b) Regional Cooperative Training Institute, Bahawalpur.
(c) Administration and management of Cooperative Development Fund & projects.
(d) Matters of Punjab Cooperative Board for Liquidation
4. Budget, accounts and audit matters.
5. Purchase of stores and capital goods for the department.
6. Service matters except those entrusted to Services & General Administration Department.
7. Administration of the following laws and the rules framed there-under:
i. The Cooperative Societies Act, 1925 (Sindh Act VII of 1925).
ii. The Multi-Unit Co-operative Societies Act, 1942 (Act VI of 1942).
iii. The Cooperative Societies (Repayment of Loans Ordinance), 1960 (Ordinance XXXIV of 1960).
iv. The Punjab Co-operatives Societies and Co-operative Banks (Repayment of Loans) Ordinance,
1966 (W.P. Ord. XIV of 1966).
v. The Punjab Co-operative Board (Dissolution) Act, 1966 (II of 1966).
vi. The Co-operative Societies (Reforms) Ordinance, 1980 (Pb. Ord. XVII of 1980).
vii. The Punjab Undesirable Cooperative Societies (Dissolution) Act, 1993 (Act I of 1993).
8. Matters incidental and ancillary to the above subjects.