The Indian Cooperative Sector is set for the main overhaul, because the Minister of the Interior and Minister of Cooperation AMIT Shah will start on July 24th on Thursday National Cooperative Policy 2025, which has been effective since this year for two decades.
It replaces the 2002 policy, which provided a basic framework for better processing of economic activities of cooperative institutions.
The new policy now emphasizes the revival and modernization of the cooperative sector and at the same time focuses on achieving prosperity through cooperation by developing the plan at the ground level.
The aim of the National Cooperative Policy 2025 is to ensure that cooperative organizations are accessible to all, efficiently and professionally, focused on future needs and capable of generating large -scale employment and income, especially in rural areas.
Why does the Center replace the National Cooperative Policy Policy 2002?
The Ministry of Cooperation believes that there have been significant changes in society, country and abroad over the past 20 years due to globalization and technological innovations. In view of this, “it was necessary to formulate a new policy so that cooperative institutions could be more active and more useful in the current economic scenario and the role of the cooperative sector can be strengthened to achieve” Viksit Bharat 2047 “, the ministry said.
Shah pointed to three key factors contributing to the decline of the cooperative movement in India: Obsolete laws that have not changed, lack of evolution and expansion in cooperative activities and recruitment practices affected by protectionism. “The government has now changed these laws and created the idea of the University of Tribhuvan Sahkari (TSU) to solve these problems,” he said.
What to expect from the National Cooperative Policy 2025
- It will support employment and benefit of 1.4 billion people.
2. Shah mentioned the establishment of teams in each village throughout India within five years, with the aim of setting up 2,000,000 primary agricultural credit companies (PAC) by February 2026 at a meeting of ministers of state cooperation on the occasion of the international year of cooperatives (IYC) 2025.
3. During the meeting assessed by the initiatives adopted by the Ministry of Cooperation, interviews were interviewed on the development of milk and fishing cooperation and the largest system of storage of grain in the world sector.
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Shah ordered all states to declare their own policies of cooperation within 31 January 2026.
He stressed that neither village in the country should be left without a cooperative Ak achieve this goal should be used by a national cooperative database.
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The new politics of the National Cooperative was developed by a 48 -member committee at national level led by former Suresh Prabhakar PraBhu. The committee was composed by a representative of national and state cooperative federations, cooperative companies across different levels and sectors, officials from the relevant ministries or central and state government and academics departments.
To support the inclusive and participating process, the Committee was carried out by 17 meetings and organized four regional workshops in Ahmedabad, Bengaluru, Grrabram and Patna. A total of 648 proposals of the parties were thoroughly reviewed and integrated into a new cooperation policy.
(With inputs from or and PTI)
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