Govt to frame new national cooperation policy with focus on India's socio-economic needs

Highlights:

• Newly created ministry of cooperation will come out with a national cooperation policy by the end of the current financial year with an aim to strengthen India's cooperative architecture, syncing it with the country’s economic and social needs.
• A broad contour of the policy will be discussed with stakeholders here in a two-day conference which will be inaugurated by Union home and cooperation minister Amit Shah on April 12
• The ministry has, so far, received 54 suggestions from states and other stakeholders on how to make the cooperative movement much more broad-based by widening its reach to the grassroots.
• All these suggestions on the proposed national policy will be discussed with representatives from 26 states and central ministries during the conference.
• In the second phase, further discussion will be held with cooperative federations and unions,
• These efforts will culminate in the formulation of a new robust national cooperation policy, giving impetus to strengthen the cooperative-based economic model in the country to realise the vision and mantra of "Sahakar se Samriddhi (cooperation to prosperity)" of Prime Minister .
• Meanwhile, the ministry, created on July 6 last year to provide renewed impetus to the growth of cooperative sector, has been working on digitisation of (PACS), creation of a national database of cooperative societies, and devising a scheme for cooperative education and training to deepen and strengthen the cooperative movement in the country.