Centre Starts Preparing ‘New Co-operative Policy’

The new policy will be finalized after an extensive and brief consultation. The move comes two months after Minister for Home Affairs Amit Shah, who is also Minister of Co-operation announced such policy a few days ago.

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New Delhi: The Central government has started the process for the creation of a new cooperative policy under the newly created Ministry of Cooperation. The ministry has asked stakeholders for suggestions to draft the policy.
As per the sources, The Ministry has written to various stakeholders, including Central ministries, state government, and cooperative federations seeking their views and suggestions for the new policy around 14 days ago.
They added, that the new policy will be finalized after extensive and brief consultation. The move comes two months after Minister for Home Affairs Amit Shah, who is also Minister of Co-operation announced such policy a few days ago.

Amit Shah while addressing the National Cooperative Conference on 25th September announced, “We have decided that a new cooperative policy will be released soon. Atal Ji first brought it in 2002, now Modi Ji will bring it in 2021-22,”
The first National Policy on Cooperatives was brought in by the Atal Ji-led NDA government in March 2002.

This year in July, PM Modi led Government extended and Added his cabinet ministries, in which a new ministry called “Ministry of Co-Operation was added. Removing the Department of Cooperation out of the Ministry of Agriculture and Farmers.’ The ministry seeks to prepare new drafts and rules for the welfare of people after Cooperation and consultation by Stakeholders. For which, the ministry was created.

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