During the 102nd International Day of Cooperative in Gandhinagar, Union Home and Cooperation Minister Amit Shah announced that the new National Cooperative Policy would be introduced next month. This announcement was made as he addressed a cooperative conference.
A committee, led by former Union Minister Suresh Prabhu, was tasked with drafting this new Cooperation Policy. The committee has already submitted their proposal to the Union Ministry of Cooperation.
Sources close to the ministry reveal that the draft document is nearly complete, with Minister Shah poised to make the final decision soon. Discussions are underway to determine the appropriate dates to launch this national policy.
The National Cooperative Policy is a significant initiative by the Ministry, aiming to lay the foundations for a robust cooperative movement that extends beyond state and regional boundaries.
Key aspects of the policy include structural reforms and governance, positioning cooperatives as dynamic economic entities, creating a level playing field, ensuring access to capital and funding, prioritizing inclusivity, leveraging technology, focusing on upskilling and training, sustainability, and detailed implementation plans.
The overarching goal of the National Cooperative Policy (NCP) is to fulfill the Prime Minister’s vision of “Sahakar se Samriddhi,” translating to “Prosperity through Cooperation.”
Waiting for details. But cautious.