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Home Featured

Finalization of National Co-op Policy gains pace; Secretary briefs Shah

"On Coops Day in Gandhinagar, Shah Announced NCP’s Decision Coming Soon"

Rohit Gupta by Rohit Gupta
July 16, 2024
in Featured, From States
2
Finalization of National Co-op Policy gains pace; Secretary briefs Shah
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Union Home and Cooperation Minister Amit Shah chaired a high level meeting at the head office of the Union Ministry of Cooperation last week, in which discussions about the new National Cooperative Policy were held, among other things.

Tweeting about the meeting Union Ministry of Cooperation wrote, “On 13th July 2024, a high-level meeting was chaired by the Hon’ble Union Home and Cooperation Minister Shri @AmitShah, during which the new National Cooperation Policy was discussed”.

It is gathered that during the meeting, Union Minister of Cooperation Secretary Ashish Bhutani presented a detailed review on the new National Cooperative Policy to Shah and other two Union Ministers of State of Cooperation Krishan Pal Gurjar and Murlidhar Mohol.

Bhutani apprised the ministers of the recommendations of the committee, led by former Union Minister Suresh Prabhu, who had been tasked with drafting the new Cooperation Policy and who had submitted a draft copy to Shah for his consideration.

Union Home and Cooperation Minister Amit Shah will review the draft document and would give his response in a couple of days, informed sources close to the MoC.

It bears recalling that while addressing a cooperative conference in Gandhinagar last week, Shah announced the new NCP would be introduced next month.

The National Cooperative Policy is a significant initiative by the Ministry, aiming to lay the foundations for a robust cooperative movement that extends beyond states 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 fulfil the Prime Minister’s vision of “Sahakar se Samriddhi,” translating to “Prosperity through Cooperation.”

The draft offers the roadmap for the next 25 years i.e. from 2024-2047 for the cooperative sector.

The NCP also proposed to come up with new apex bodies such as Development Financial Institution, National Cooperative University, Centre for Excellence, National Cooperative Recruitment Board, National Cooperative Audit & Accounting Board, National Cooperative Tribunal and others.

Tags: amit shahBreakingcooperativeGandhinagarMurlidhar MoholrbiUnion ministry of cooperation
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Comments 2

  1. Rakesh t g says:
    1 year ago

    When district cooperative central bank will merger with apex bank please answer? Why ministry is not taking decision to merger of dcc banks? Government of India is merged all public sector banks without no mercy but why not merging dcc banks with apex banks is there any political influences or vote banking politics please answer my questions

  2. Prolay Krishna Mondal says:
    1 year ago

    The all co-operative bank of India is the backbone of Indian agriculture. The co- operative Bank of India is devided into three structures. The first one is State co- operative Bank ,2nd one is District Central Co- operative Bank and 3rd one is primary agricultural and co- operative Society. The all three structures are seperated from others. For better service of Indian people the all three structures should be marge with others with development new technology and facilities .If government do this ,the scenario will definitely change and the nation will go greater economy.

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