Universal Coaching Centre -

Enter your keyword

8053+ OFFICERS SERVING THE NATION UNIVERSAL COACHING CENTRE Let's join hands together in bringing Your Name in Elite officers list. JOIN US 25 YEARS OF EXCELLENCE MEET NEW FRIENDS AND STUDY WITH EXPERTS JOIN US Nothing is better than having friends study together. Each student can learn from others through by teamwork building and playing interesting games. Following instruction of experts, you and friends will gain best scores.

ULP Click here! Click here! Classroom Programme NRA-CET Test Series
Click here ! Org code: XSHWV

post

National Cooperative Policy 2025 Launched for Prosperity

Why in the News ?

Union Minister Amit Shah unveiled the National Cooperative Policy 2025 in New Delhi. The policy aims to strengthen India’s cooperative ecosystem and contribute to the broader vision of Viksit Bharat 2047 through inclusive development at the grassroots level.

Highlights of the New Cooperative Policy:

  • Vision for 2047: The policy aligns with the Viksit Bharat 2047 agenda, envisioning economic prosperity through cooperation.

  • Grassroots Focus: It aims to empower local cooperatives by improving access to credit, market, and technology.

  • Inclusivity Emphasis: The policy promotes inclusiveness, targeting women, youth, and marginalized communities in cooperative development.

  • Transparent Governance: Calls for digitalization, transparency, and democratic governance in cooperative institutions.

  • Holistic Approach: Focuses on sectors like agriculture, dairy, fisheries, housing, and rural finance under one umbrella.

Minister’s Remarks and Historical Context:

  • Amit Shah’s Statement: The policy is a key instrument to unlock the economic potential of cooperatives and create employment in rural areas.

  • First Policy in 2002: Recalled that the first National Cooperative Policy was launched under Atal Bihari Vajpayee in 2002.

  • Role of Ministry: The Ministry of Cooperation, formed in 2021, is tasked with rejuvenating the cooperative sector.

  • Participative Governance: Encourages bottom-up planning, allowing local needs to shape cooperative strategies.

  • Policy Framing Process: Extensive consultations were held with stakeholders, state governments, and cooperative federations.
About the National Cooperative Policy Framework: Definition: A cooperative is a voluntary association of people for mutual benefit operating on democratic principles.

Constitutional Backing: The 97th Constitutional Amendment Act, 2011, added Part IXB to grant constitutional status to cooperatives.

Types of Cooperatives: Include agriculture, credit, consumer, housing, dairy, and marketing cooperatives.

Multi-State Cooperative Societies Act, 2002: Governs cooperatives operating in more than one state.

National Cooperative Development Corporation (NCDC): Established in 1963 to finance and promote cooperatives.