New National Cooperative Policy is in final stage

Former Union Minister Suresh Prabhu chaired the final meeting of the national-level committee in Mumbai to discuss the final draft of the New National Cooperative Policy.

The next step involves submitting this draft policy to the Union Ministry of Cooperation. The committee plans to request a suitable time from Union Cooperation Minister Amit Shah to present the draft policy.

The meeting, led by former Union Minister Suresh Prabhu, had several committee members physically present, while a few joined virtually. Maharashtra’s Cooperation Minister, Dilip Walse Patil, was also in attendance.

The meeting was attended by CRCS Vijay Kumar, Amit Shah’s OSD in the Cooperation Ministry, K K Tripathy, Nafcub President Jyotindra Mehta, Vamnicom Director Hema Yadav, Prakash Naiknavare, MD of the National Federation of Cooperative Sugar Factories Limited (NFCSF), and others.

A National level committee has been constituted on 2nd September 2022 under the chairmanship of Suresh Prabhu, consisting of experts of the cooperative sector, representatives from National/ State/ District/ Primary level cooperative societies, Secretaries (Cooperation) and RCSs from States/UTs, officers from Central Ministries/ Departments to formulate the New National Cooperation Policy. The formulation of New National Cooperation Policy will help in realising the vision of ‘Sahakar se Samriddhi’, promoting the cooperative based economic development model, strengthening the cooperative movement in the country and deepening its reach up to the grassroots. In this regard, consultations were earlier held with stakeholders and suggestions for formulating the new Policy were invited from the Central Ministries/ Departments, States/UTs, National Cooperative Federations, Institutions and also from the general public.

Speaking with ChiniMandi, Prakash Naiknavare, MD of NFCSF, stated, “The New Cooperative policy will contribute to the growth of the cooperative movement in the country. This policy will also be important for the strengthening of the cooperative sector.” He also mentioned that this policy would be beneficial for the country’s development and the progress of farmers and the general public.


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