Union Home Minister and Cooperation Minister Amit Shah will today unveil the National Cooperative Policy 2025 at the Atal Akshay Uraja Bhavan, marking a historic milestone for the cooperative sector of India.
In a post on X, Shah said that the policy would carry forward the cooperative movement towards the future innovation, modern technology and the energy of young people.
“Today is a historic day for the cooperative sector of India, as led by Modi ji, the country will receive the new ‘National Cooperation Policy 2025’. This policy will prepare the cooperative movement for the future by linking it with innovation, modern technology and youth power,” he posted on X.
According to the Ministry of Cooperation, the new cooperative policy 2025 aims to revive and modernize the cooperative sector, as well as 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, providing a basic structure for better management of economic activities within cooperative institutions.
“In the last 20 years, there have been many major changes due to globalization and technological progress 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)
