Cooperative farming is an effective mechanism for sustainable development of the farming community. However, proper implementation criterion and technological intervention is essential to improve the economic sustainability and to make it popular among the farming groups. A case study has been carried out in Majuli, the world’s largest river island in Assam, India. It has been observed that the peoples of Majuli are mainly involved in farming and they adopt their present system of farming. On the basis of primary and secondary data collected, this paper highlighted how economically sustainable and technologically empowered cooperative approach in farming will be beneficial for marginal farmers in Majuli. Their conventional farming model has been systematically studied, appropriately analyzed and the same has been improved through the proposed cooperative farming model without affecting their culture and traditional values.