New Cooperative sector Policy

A National level committee has been constituted on 2nd September 2022 under the chairmanship of Shri Suresh Prabhakar Prabhu, consisting of experts of the cooperative sector, representatives from National/ State/ District/ Primary level cooperative societies, Secretaries (Cooperation) and RCSs from States/UTs, officers from Central Ministries/ Departments to formulate the New National Cooperation Policy.  The  formulation of New National Cooperation Policy will help in realising the vision of  ‘Sahakar  se  Samriddhi’, promoting the cooperative based economic  development  model,  strengthening  the cooperative movement in the country and deepening its reach up to the grassroots. In this regard, consultations were earlier held with stakeholders and suggestions for formulating the new Policy were invited from the Central Ministries/ Departments, States/UTs, National Cooperative Federations, Institutions and also from the general public. The National level committee will analyse the collated feedback, policy suggestions & recommendations to formulate the draft of the new Policy.

The Ministry has undertaken number of  initiatives / reforms in  the cooperative  sector.  The list is at Annexure – I.

This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Rajya Sabha. 

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RK/AY/SM/AKS/RR/641