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EventUnion Home Minister and Minister of Cooperation Shri Amit Shah unveiled the National Cooperation Policy - 2025 in New Delhi.
ObjectiveTo redefine and revitalize India's cooperative movement, aiming for 'Sahkar Se Samriddhi' (Prosperity through Cooperation) and making it a vital engine of national economic and social development by 2047.
BackgroundIndia's first National Cooperative Policy was introduced in 2002 under Atal Bihari Vajpayee. The Ministry of Cooperation was formed in 2021, and a 40-member drafting committee led by Shri Suresh Prabhu prepared the new policy.
SignificanceAims to triple the cooperative sector's contribution to GDP by 2034, bring 50 crore citizens into active participation, create employment, bridge the rural-urban divide, and empower marginalized groups.
Key ObjectivesInclusive development, employment generation, sectoral expansion (e.g., tourism, taxi services, insurance), institutional strengthening, and widespread coverage (one cooperative per village).
Key FeaturesGrassroots empowerment (one cooperative per panchayat), youth-centric and tech-enabled cooperatives (e.g., Sahkar Taxi, Tribhuvan Sahkari University), sectoral diversification, robust monitoring, and institutional support.
Institutional SupportEstablishment of National Cooperative Exports Limited, equal treatment for scheduled cooperative banks, and promotion of "Cooperation Amongst Cooperatives".
LegislationLegal amendments every 10 years to maintain policy relevance, with 83 intervention points identified (58 completed, 3 fully implemented, others in progress).

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