Inputs/suggestions of the stakeholders being sought
New Delhi, Feb. 9 (Delhi Crown): Union Minister of Home & Cooperation Amit Shah has said that a new National Cooperative Policy and schemes are being drafted with the aim to deepen co-operatives as a true people-based movement.
He said that the effort is to reach up to the grassroots and develop a cooperative based economy model including giving focus on “Make in India”.
“This will address all developmental issues of cooperatives. Inputs / suggestions of the stakeholders including Central Government Ministries have been sought,” added Shah in reply to a question in Rajya Sabha on Wednesday.
In order to make cooperatives more transparent and efficient, the Home Ministry has started stakeholder consultations on relevant interventions viz. creation of a National database of Cooperatives, digitalisation of about 63000 active Primary Agriculture Credit Societies (PACS).
As per the data of the National Cooperative Union of India (NCUI) 2018, there are 8.54 lakh cooperative units in the country.
Some of the issues affecting accelerated and equitable growth of cooperatives, inter alia, are lack of effective governance, leadership and professional management in cooperative units, low level of technology adoption.
There are two types of co-operative structures in the country i.e. State Cooperative Societies and Multi-State Cooperative Societies.
The Cooperative Societies functioning in one state only are governed by the laws of the respective State Government and the cooperative societies functioning in more than one state are governed by the Central law, namely ‘the Multi-State Co-operative Societies Act, 2002 (Act 39 of 2002)’.