Once again reiterating his commitment to come up with a new co-op policy for the country, Union Cooperation Minister Amit Shah said in Lok Sabha that he is working on evolving a robust co-operative policy for the country.
“The Cooperative Ministry has started consultations with various stakeholders including different Ministries of Central Governments, State Governments, NABARD, and major cooperative institutions across the country to evolve a new cooperative policy so as to further strengthen the sector”, said Amit Shah in a written reply in Lok Sabha on Tuesday.
Shah asserted that the Country already has a rich cooperative heritage and a robust cooperative sector. However, public policy in any sector is a dynamic instrument that is revised from time to time depending upon the needs of the time and situation.
Replying to another question, Shah informed that more than 44 multi-state co-operative societies have been wound up by the Ministry in recent times. Among others, Adarsh Credit Co-op also figures in the list.
“Complaints have been received for non – repayment of funds against some of the multi-State credit cooperative societies. In the case of delinquent societies, action for winding up is taken under Section 86 of the Multi-State Cooperative Societies (MSCS) Act, 2002’ said Shah sharing the State-wise list of such co-op societies.
The list shows that the maximum number of delinquent co-op societies closed by the govt are from Odisha (10), followed closely by Maharashtra (9), Rajasthan (8), Delhi (7), Uttar Pradesh (4), and West Bengal (3)
State-wise list follows:
