Union Home Minister and Cooperative Amit Shah Minister will announce the National Cooperative Policy 2025 on July 24, which will prove to be a milestone in India’s cooperative movement from 2025 to 2045 for the next two decades.
Shah will announce at an event held at Atal Akshay Uraja Bhavan in the national capital.
According to the Ministry of Cooperation, the new Cooperative Policy 2025 aims to revive and modernize the cooperative sector and at the same time to realize the vision of prosperity through cooperation by creating a roadmap at the ground level.
Earlier in 2002, India’s first National Cooperative Policy was released, which gave a basic structure for better management of economic activities of cooperative institutions.
“In the last 20 years, due to globalization and technological progress, there have been many major changes in society, country and the world. Keeping these changes in mind, it became necessary to formulate a new policy, so that cooperative institutions can be made more active and useful in the current economic scenario and the role of the cooperative sector can be strengthened to achieve the target of ‘Viksit 2047’.”
The objective of the National Cooperative Policy is to include cooperative institutions, manage them professionally, prepare them for the future and to be able to create large -scale employment and livelihood opportunities, especially in rural India.
The 48 -member national level committee led by former Union Minister Suresh Prabhakar Prabhu has prepared a new National Cooperative Policy. The committee consisted of members of national/state cooperatives, cooperative societies of all levels and fields, representatives of the concerned central and state government ministries or departments, and members of academics.
To ensure a participation and inclusive approach, the committee held 17 meetings and four regional workshops in Ahmedabad, Bengaluru, Gurugram and Patna. A total of 648 valuable suggestions received from stakeholders were carefully evaluated and included in the new cooperative policy.
Members of the Drafting Committee of National Cooperative Policy, Chairman and Managing Director of all National Cooperative Unions, Senior Officers of Ministry, Senior Officers (NCDC), National Council of Cooperative Training (NCCT) and Vaikunth Mehta National Institute of Cooperative Management (Vamnnikom)